Which means a lot of amateurs who touted appreciation and took huge risks will be flushed out of the market once again. 

In addition, due to overwhelming number of amateur hour investors/flippers, those properties that are wholesaled are bid up to the point of no profit or a loss if you flip the house.

Just wrong, not cool, not professional, amateur hour big time.Call the inspector and be completely honest about all work being done.

That said, sometimes the bank will come out ahead with only one agent as you have a lot of amateur agents out there that will just make the deal worse when there’s two agents involved.

If we all want to play amateur economist, we should at least be clear on real vs nominal values.Any somewhat efficient market trends up over time.

We won the same competition the next year out of 30+ amateur teams.

So you would have them your money, to hand it to someone else, who then invests - that is a bad structure and a terrible business model A better way, if anyone wishes to set up such a fund is to issue the loans then Sell the fractions of the loan based on a specified returns When amateurs get into any type of investing, they are bound to either lose money because it is a bad deal or just get lucky without even understanding what they did!

They would be best at answering these questions rather than us amateurs.

Just to add to my original comments above:Just because someone is trying to wholesale a house or property doesn't make them a wholesaler......just like with anything else in life there are amateurs and professionals.

Like a seed, that sprouts and grows slowly among the mature plants around them so wholesalers are looked at as being amateur, newbie, uninformed.