To be effective, you must buy the property at a very good price and maintain a very tight renovation budget. 

It's always good to have people in the business talking positively about it and advocating for how wholesaling should be done.Yeah, I do believe that most wholesalers fail because they get into the business for the wrong reasons, and not only for the wrong reasons, but they also get into the business with unrealistic expectations.

For example, a lease that goes into effect conditional to the purchase gonig through. 

This has had a net positive effect on mortgage rates with prime Government and Conventional (FHA/VA) often beginning with a 5 in the front and some DSCR rates now in the 6%'s...The on the ground response is likely a dramatic increase in buyer activity/competition.

We work with a lot of investor and sometimes we see to much focus on the spreadsheets and it creates a paralysis effect and they never land deals. 

Buyers are still out there.Are you marketing and pricing your properties effectively to attract Buyers?

The outcome reinforced the effectiveness of our partnership and strategic approach.

This transaction demonstrated our ability to quickly identify and capitalize on profitable opportunities, resulting in a substantial return on investment through effective market strategy and partnership.

I am not advocating nor dispelling the practice.

That said: I stay away from townhomes due to the presence of HOAs; they can make decisions you are not party to which can materially effect your cash flow.