A person who invents something can sit back and collect passive income but they too had to put in initial time and effort developing the product, get a patent etc.

Play-by-Play P2The speaker now goes into the benefits of attending the 3 day seminar.In the 3 day seminar students will learn Armando's patented "Rule of 65"(This means don't buy a house for more then 65% of the ARV.

That's different than a high-tech startup that has some great product or key patents. 

There are independent companies that, for a small fee, will conduct an occupancy check for the lender.Digital Risk, a company based in Dallas, is developing a patented system of logarithms that can tap into up to 20 different public and private databases to alert lenders to the possibility that a borrower may not be occupying the house he is buying.

I have read much here and on the net about techniques, but I don't see discussion about the essential business model for wholesaling, and what is the specific appeal to the seller is.First off, it seems patently obviously that the majority of folks sell their house in the typical way: hire a real estate agent and list the house.

I was watching the Fein version for a long time but couldn't cough up the $300+ for one, the patent finally expired and there are going to be a bunch of cheap knockoffs on the market.

Any members in Mississippi that invest in tax properties sold by the State?  I have a tax deed from the State and would like to flip this property.  It is a 67x100 commercial lot in downtown Laurel purchased for $5k. ...

I'm well aware that the having the PM and rehab company be the same team is like a mantra here on BP, but we have lived through it, and that argument is patently false.  

I guess a patent attorney or whatever.  

You nailed it - it even has a US Patent Pending!