We put in a dining room/ping pong table, a massage chair, games, puzzles, a sound system, grill...these things are often mentioned in my reviews and I think are the cherry on top that most stand out to people. 4.

@Leo B. it's a lucrative strategy if you have the key pieces to the puzzle in place.1.

Why would a wholesaler say it’s not a wholesale is why I’m puzzled as well 

The deal is the most important part of the puzzle.

Appreciation, debt reduction, and tax savings are also big pieces of the puzzle. 

Getting financing and hiring contractors is the last research part of the puzzle, finding and evaluating the deals is what makes the business and should be your primary focus7. 

Per my research, I like the challenge of investing in Baltimore city as opposed to county, since wild variation in prices could be advantageous in the flipping business, but I am puzzled by the change of neighborhood perception that occurs within few blocks.Take care,Mario   

But indicators and multiple pieces make up a puzzle.

The financing is kind of the last puzzle piece as if everything else is in line, and your completion equity is solid (LTV) you should be able to find financing.

Either a lot of people had a pile of cash lying around to buy A LOT of properties in quick succession or there's a piece of the financing puzzle I'm missing.