There have been periods, like between 2000 and 2006 where you could have significant negative cash flow and STILL walk away with a huge payday.

But when they do and they work its a nice pay day..

Now, it's payday. properties have gone up in value, and if the banks call the loans, they make money again.

I use this as my foundation.You may owe money to credit cards, bank, payday loans, mortgage company, Tony up the street with a thick accent, etc so I don't view them as "good" or "bad".

I think a good amount of people own 1-3 properties and are content and although they can't live solely off that profit I will still commend them as they're supplementing income and/or if not already they'll someday own a few properties free and clear that they can hold or later sell for a big payday. 

But at the 5%, and when they rep both sides, making 5% from a $700k average transaction, the payday is handsome.

Followed, chased, and robbed on occasion when getting off the bus on payday at 1am as a kid.

I would be a miserable person and crappy landlord if my RE was covering costs in the hopes of some great payday in the future.

This was a probate property.I did 7 Wholesale deals with paydays ranging from $5K - $15K.The remaining deals were all fix and flip and I used NON of my own money to do these deals.

You will get upfront money, cash flow and a big pay day in the not so distance future.