so much of this kind of work is establishing some sort of personal reparte'I will be curious to see how well US folks respond to you... just logistically our night is your day etc.and it will really depend on the sophistication of the sellers rep or relative.I know these styles of transactions we personally do here in our market need a bunch of hand holding and porch time... at least for the very good deals.. 

@Alex Gershbeyn  as stated above RM  started long before they established a relationship with the broker dealer.. by having the broker dealer on board they open up funding opportunitiesWE see your new to BP  but since you have been doing multiple investor deals for years curious what vehicle you use to pool your investors ?..  

So I ask and they just say "give me the original plans and 10k and we'll go from there" but that seems like a gamble.

And usually will refinance them a year later after I established a renter to improve my cashflow.

Hey Joel, I'm not a wholesaler (not my niche), but I would certainly add to the list the purchase and sale agreement for your seller to sign thereby securing the property under contract and if your list is in order of 1st to last, I would place establishing a buyer's list as number one, even before initiating your marketing campaign to prospective motivated sellers.  

He will be more knowledgeable than I am on your rights and best approach to collect damages.I should not recommend this and it has some risk (but probably worth the gamble) but if your system fails you could try what the person that sold me the property did and try to ignore the demand to hook to sewer and hope the city never checks. 

I am pretty sure it would not even cash flow at 5% ($7,000 down).Now if you thought it would double in price in the next three years, that's a different story, but not one I would gamble on. 

I'd let him be someone else's gamble. 

The neighborhood my rental house is in is an older established neighborhood with no new construction.

By 2017 Q2, I hope to have established a family owned investment company.