I avoid wholesalers as a rule since I can't possibly see how they add anything to my equation of BRRR. 

@Alex Craig @Douglas Skipworth  Gentlemen my take away from what your saying is that the rentals are working the new crop of buyers are much stronger.. since 50% or better of your inventory comes from failed landlords.. this part of the equation is firming up.. and most failed landlords were undercapitalized and did not really know what they were doing IE bought their first property with no clue.

You will find that it is the same equations over and over and over again. 

Should I steer clear of these deals or is there a way to just incorporate that into the wholesaling equation??

So yeah when I can I live in Mid Town Manhattan for 10K per year versus taking on a mortgage in the same area for a comparable sized condo or co-op for 750K, which equates to $3100 Plus maintenance of at least another $1000 then I am much better off with a 10K a year lease.

Hello @Trent TibbittsThe key to this equation is a qualified property manager in the area.

That's the reward/risk equation I approach with the cycle.. 

I like the concept of creative forward thinking as it pertains to financing, however, I think cash flow is a critical piece of the equation.

Of course, for you, the attraction of giving up profit is not having to make the monthly payment, but HML like the added time pressure created by the rehabber having to feed the interest monster.I've met a few people here locally that have broached partnering with me, where they'd provide all of the capital, but I have always wound up doing some work myself on projects to save $, but it's a different equation when saving $2,000 on demo is really only putting $1000 in my pocket.

Youth and female doesn't necessarily equate with partying.