The difference in returns I see is from custom theming vs amateur theming is night and day.The proven way to win in this market is the following.

For amateur landlords however every fair housing code is a potential mine field.

I ended up finding an amateur realtor to work with, and did most of the learning and negotiating myself with the seller's agent. 

I am still amateur to REI just like you, but hopefully that doesn't stop me from making connections and networking. 

@John Horner  I hear ya but when its  amateur hour in my mind its a free for all.out of the way over 100 homes a year we buy I bet we dont buy more than 10 to 15 from wholesalers.. and I personally will not deal with them unless they are very well known to me.. 

Total amateur hour!

When an experienced wholesaler helps an amateur wholesaler by providing a cash buyer for a 50/50 split, then when the amateur gets his second deal, he contacts the cash buyer and sells him another house, cutting out the person who introduced him to the buyer.Just something random I thought of tonight, and wanted to know; if this happened to you as the veteran, would you be angry?

As a rank amateur, this should be a simple question for all you pros. 

Understanding what real estate is, how it is valued, the theory of real estate ownership, and real estate law, will allow you to see each possible purchase with a clarity most amateur investors never experience.2.

That's a lot of trust to place in an amateur.