One thing I want to harp on that you said, because a few guys I'm trying to help in Houston do the same thing, is getting caught up on the notion that the property has to cash flow from day 1.

This isn't a green light to piss off people and run a scorched earth mentality but the notion that you must perfect everything before starting keeps many from ever succeeding. 

This notion that average every day people are going to be able to do there own home transactions, keeping in mind that getting close to median of $500k, and things will be a-ok, no biggie, just use some forms, lol.

When one has gotten so "big" that they dismiss the notion out of hand of interaction monthly with their clients it may well be advisable to re-examine their customer service goals.

@Wayne Brooks I just want to second the notion above from Wayne - it relies on an endless supply of these homes.

I've got a ton of lenders, but I will tell you this, the notion that you need a lender to be local to Cleveland to get a loan in Cleveland is way overblown.

This really reinforces the notion that 'the rich get richer' 

- I think you hit the high points (and low points) of Wholesaling and got across the notion that it is about marketing, first and foremost, and that you need to do a high volume to really be successful.

ie. appreciation, but with minimal/no rent increase.If that happens to you, will you succumb to the profitable notion of SELLING?

Ok, sure, we are part of Europe, but the honest truth is that a lot of things are just endemic to the reality of the local country and, inside the country, to the reality of the region.To begin, we have to understand that Portugal is about 1000 miles x 300 miles in terms of territory what makes it easy to get around but, first problem, in small countries, eveything seems "far away".Also, because we are small, the notion of "country" is different, in the perspective of those living and investing here.