But this is all an extremely harsh learning experience for us.

I guess I was being harsh on the tenant, I guess by now he has been educated. :-)

If that sounds like too much time and work to put in, this probably isn't the business for you.I don't mean that to be harsh, but it's the truth that any successful real estate investor will likely be thinking, even if they're not saying it.

@Rob BelandGeez Rob, little harsh eh?  

In your same example if it had been an investor who made that same offer to that seller and reaped that 100k+ profit when he flipped the house, would you criticize that investor as harshly as the wholesaler or would they get a congratulatory high five for getting such a great deal?

What I am going to say may sound harsh but you need to hear it. 

@Harsh Mehta I wouldn't consider a zip code a market. 46235 is a fairly large geographic area and varies a lot.

Wow you all are harsh!

Because I have thick skin, my wording sometimes comes across as harsh but the intent it to educate. 

May be harsh at surface level, but its a business not a charity. 3) I only rent to soldiers at Ft.