By adding value, I am not referring to completing repairs.It is those who do the wholesaling business poorly and incorrectly that bring the bad name to the strategy similar to the media who has successfully made an incorrect and poor perception of "Investors".Here is an example of a real wholesale deal for you Rob.One of my asset manager contacts sent me a list of homes to look at.

@Edward BurnsI do agree with your point, however perception plays a huge role when it comes to a sensitive subject such as this and it could have an effect .

In my opinion, it would just bring down the value, if there are now 2 of these, when the perception was that there was only 1.I think he'll do better just letting this one take the 'high price' if there is enough interest, and then put his out a few years from now, reminding people how much the first one sold for and getting lots of publicity then.That way this first one will set a precedent , either way

There is no general rule pertaining to expectation of return, & perception of risk.For me as an experienced investor, in lieu of a track record, I want more control, & to address the risks of the operator not performing as agreed.Evidence of success of the "strategy" is also important if you don't have a track record.I want the structure of the venture to motivate the behaviors needed for success.

It looks like a bad combination of a shady selling agent and a crazy owner who cares more about perceptions with neighbors than getting out of their mortgage.

It is shelter...You will be housing people and filling a societal need and will be rewarded if you do it well and can compete and sustain the operation long term.

Getting mired in an administrative law fight does not sound like a good time and def. not a formula for higher return on investment.I think maybe commercial master leases are less prone to scrutiny because of the different perception of the need to protect the public.

Bunch of cowboys out there selling a pitch about notes like it was a used car gives the wrong perception along with short books hyping the paper game step by step.

For a smaller bank, taking a write-down of $210,000 ($300K-$90K) would make a huge impact on the perception of the bank's health.

Their perception needs to be that you are the go to person when it comes to investing.I personally believe it helps to present yourself like a financial advisor would, as opposed to a real estate investor.