Yes, this way the seller will know you are qualified to buy.Also, getting the hard-money loan is not instant unless you have a history / investment portfolio already and can show you are an experienced investor/flipper.

If it is trained well, it can create enormous wealth in what seems to be an instant.”?

So, great turn-key properties with proven results of good cash-flow (proven by tax returns) and instant equity proven by a recent appraisal.  

Hi Jason, I walk away from anything that does not create instant equity upon purchase.thanks,Matt

We got nervous so we gave them our absolute highest/best at 126k and they INSTANTLY, without hesitation, said "you win".  

Vacation rental them for the next 10 years or so - then sell to friends for an instant fun retirement community.

Now all I have to do it punch in what I think I should pay, what I think it will rent for, and number of units, and I instantly get cash flow, debt service, NOI etc all returned instantly.

So we had instant equity.

Its hard to give truly sound advice without knowing your full situation, so I will speak in generalities.In general, paying off a credit card is instant savings or instant return.  

If I say "Harvard degree" to you in instantly puts your mind to smart and credible.