@Matthew Shay Oh, read an entire policy and highlight details, you've got a lot riding on this and it ain't that complicated, if you spend the time!

I was wondering what is your policy on tenants to having a live Christmas tree in their apartments?

I changed our policy to not show the units until they are vacant, for everybody’s safety.

That is a very interesting perspective on the BGV expansion and them persuading the policy on STRs. 

The house is vacant and she is living somewhere else.The mortgage balance is $110,000The PITI payment is : $810The rent rate is: $1,100The house was listed for $125k and sold for $117k two years ago.It's a 3 bedroom 1.5 bath with full basement, and attached 1 car garage.

@Annette Torsarkissian , I would discuss office policies with your Broker before wholesaling the properties.

The cash flow can be there when the market cycle changes and velocity of transactions drop.Even if you are in the 1% you worry about inflation, taxes, government policy etc.    

Get a high liability limit on your insurance policy.2.

Hello, I am a newbie at real estate investing and I have a question...When wholesaling a foreclosed property, is it necessary to ask the owner questions, pertaining to,  mortgage and loan documents, property tax records, insurance policies, etc.?

If you forget to mention this is how you feed your kids, then a low-ball offer holds no validity to them in the first place.Honesty is the best policy...otherwise you come off looking and sounding like a crook!