"A smart title company"= This is were title companies meet amateur vs professionals.

It is a graveyard for amateur investors.  

Said "Box of Rocks" was a local amateur. 

That escrow agent must be an idiot or an amateur or both.  

A bunch of attorneys throw out your flyer, a few call you an amateur while turning up their noses and a few bring you awesome deals and you gain business. 

I used Cozy.co during my amateur landlord days, it was user friendly.Docs, payments, maintenance requests were all built in the app.

So buyers who are really in the business (as opposed to amateurs looking for a quick buck) would not bilk the wholesaler.

On the other side, Amateur Buyers (a term that Bloomberg obviously misused) were the real financial winners:  "local flippers sold homes for 20% above their purchase price.

Auctions are packed, you can't bid without some person bidding the price up because they just want to be in the business of flipping and not make much money at all.I feel the same, though yes, NYC is definitely a market you want to be in if you can find a good deal, most amateurs or newbies that haven't been in the business long enough won't get first dibs on properties and will only  be getting the deals that are low retail instead of wholesale. 

It's not for an amateur just getting started.