If you or someone you know might want to have a virtual or in-person coffee, please let me know.

If you do this, most (virtually all) properties on the mls purchased with market financing will not reflect a return that justifies the effort and risk of residential RE.However, if you find one that works, get a good value add, buy off market below market price, use below market financing, use alternative rent models such as STR, MTR, or rent by room, the projected return can justify the effort and risk of residential RE.  

Obviously, there are expensive coastal markets with virtually no properties that meet the 1% rule, but for the most part, you can find individual deals in most markets that could pencil out.Market-level metrics, like you mention, are more things like employment diversity and landlord-friendly laws.

I wanted to share how we're using VAs (virtual assistants) in our wholesaling operation.

@Joshua Lee It just means providing a way for potential buyers to walk the property and take a look around--unless you're wholesaling virtually, which in that case accurate and comprehensive photos could suffice.

I have used chemical treatments on various units 3 times in the last 3.5 years.  2 of the units I am virtually certain was maid cross contamination (both units in detached duplex got bedbugs at same time with no common guests).The chemical pesticide amount used for bed bugs should be substantially higher than for termites.  

They are able to do it all virtually, which reduces their costs drastically from what it used to cost to get a specialist out to your house to charge tens of thousands.

What's your biggest challenge with virtual scouting right now?

Good question Steve - email compliance is something a lot of wholesalers skip over and then wonder why their deliverability tanks or worse, they get fined.Here's what I've seen work for CAN-SPAM compliance in real estate outreach:First, make sure every email has a clear physical mailing address (this can be a PO Box or virtual mailbox).

I suspect adding the half bathroom in that market was maybe 30% more than a cheap Midwest market (virtually all in the labor cost) but added over 5x the value.