But you just worked 50 hours of overtime for the same amount as your regular pay.

I do inspections all the time for my investor clients at no charge.Eventually if you do enough work with a regular contractor, you could expect the same, until then, be prepared to pay for quality expertise.What I will warn you though is, while many think after just a few walk throughs that they know what to look for.....it takes MANY years to really know all the ins and outs of what is going on.

How far are you from the units, and do you have a regular maintenance / handy man to handle day to day maintenance calls.

So, on a cashflow standpoint, this is not a great income producing investment.On the other hand, the developments at Springfield Town Center is very likely to make the area pop.

However, my other question is does the wholesaler have to pay or provide the closing cost using a method like the "split HUD 1" or even using a regular assignment?

I've just sent out regular printed letters (in hand-addressed envelopes) to executors of estates that were filed since Jan 1, 2014 in the probate courts of Cook Co. and the surrounding counties.

A regular person may not even notice it for all I know.

Its like many other "get rich quick" schemes that sound good on paper, have lots of people willing to separate you from your cash, but end up producing no returns for most of the folks who attempt it.

i live in brooklyn ny and i am extremeley limited to capitol. i will more easily be able to do smaller cheaper deals somewhere nearby like trenton nj or newark nj. i know people are flipping down there but i am not familiar with the areas at all. i have alot of experiance working in the philadelphia market and dont mind to commute but i know down the road i will become to busy to do it on a regular basis and will lose focus. i like to be very hands on and would not consider doing investments somewhere im not able to drive to on any given day just to check on things.thanks for all your input.

Here in CA where prices and inventory swing quickly and cities throw in "green building" requirements regularly... you would be nuts to attempt it.The only real ugly claim I recall is a investor in Napa with an ACV policy he wouldn't move because my RC quote was $180 high.