Wholesaling for Cash Flow

[Korey Moore]

Curious to know if any new investors with little money have tried the wholesaling approach to buying properties only to eventually acquire them and rent them out? Driving for dollars as they call it, to go out and find a property, negotiate a deal, get it funded through the bank, close on the property, fix it up just enough to rent it out, then collect your monthly cash flow...? 

Would this tactic work to find a better deal than what is on the MLS?