Not involved in REO but fell in my lap

[Jimmy Farag]

Hi y'all,
I am not involved in REOs but i came across a person who is able to provide me with a list of REOs after the monthly auction. I am thinking to try buying one or two of this list and wholesale them. Most probably it is going to be a double closing. Now my question is: what is a good approach to follow when i get a list of REOs? how long does it take to do the double closing assuming that i have a buyer?
Is wholesaling (pre-foreclosure, distressed sellers, etc...) better than the REOs?

Thanks