I don't think for a moment that RE (let alone wholesaling)  is a field where one can get extremely rich.

Tax accountants (and lawyers) also tend to be extremely risk adverse so they tell you to do one thing after another to lower liability even if it doesn't always make sense from a cost/benefit way of looking at things given that, as we all know, time = money. 

Essentially he rehabs his properties to make them undeniably high quality (not just "good enough" for section 8) in order to generate a huge demand and thus be able to be extremely selective in his tenant screening process. 

This has been an extremely helpful thread.

I am extremely familiar with the Birmingham, AL market.

In Florida texturing drywall is extremely common.

"I pay in cash, no closing cost, no matter the condition BUY I will make you an offer blow market value as a trade off.Not everyone will accept this, but those that do are extremely motivated!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

If you can learn a market and become extremely confident in running your numbers you should do well most of the time.

Any experience and/or thoughts on the "notice" "cease and desist" "causing extreme distress."