Hi All,I  heard a lot about wholesaling real estate and it’s sounds like a good way to enter real estate with a low investment.Only thing is I get very skeptical when I see gurus on YouTube pushing and selling courses for certain industries. 

That's probably sound advice for single family rentals or flips.

The gurus make it sound easy , because they are willing $10k courses to newbies - 

Here is what we have found and I will probably catch some heat for some of the things I have to say, because it does not sound "investor-friendly".

Exactly what it sounds like.

It does sound to me that a lot of that work should have come out of the tenants security deposit 

For this example it looks like I would need to buy it for much less than asking price if the numbers stand right, can an experienced rental/flip investor look and see if these are sound?

What you're posting about does not sound out of the ordinary at all. 

The mirage of get into Real Estate Investing, make ton's of money, get passive, do nothing, sip cocktails on the beach and professionally vacation the rest of your days sounds great, unfortunately it's a mirage. 

@Dave Allenhello. this is going to sound reductive but if you want something immediately cash positive... i'd go with a savings account.rentals are long-term cash positive.