The company estimates that it has helped create more than 27,000 indirect jobs in the area through construction, transportation, health care, food service, retail and more.https://www.kvue.com/article/m…https://www.bizjournals.com/au...

@Paul Bommarito I dare say that most  podcast are really indirect sales pitches of some kind.

The more germane point is the industrialization of flipping by a company that will have a data advantage, and is getting into the business in direct competition with small operators on these forums.  

You realize that when you use your cash to payoff a property, you're still indirectly in debt...right? 

I for one think I "own" all of the fortune 500 companies because I've invested passively through my index fund and have a tiny claim on future earnings; indirectly of course.  

Depending on your tax situation, the pass-throughs, the 1031s, and the general tax advantages that come with real estate are more evident in direct ownership versus through REITs and corporate ownership.  

This same role introduced me to several co-workers that were investing in single family rentals and got me started on my own investments, I was able to talk to the corporate services person about setting up an LLC, co-workers about their experiences in direct investing, etc.  

Indirectly of course they are paying as it is factored into the rent.

If an unlicensed wholesaler can operate without using any oral or printed solicitation to sell real property of others or interests therein, or who takes any part in the procuring of purchasers, or receives, expects, or is promised any compensation or valuable consideration, directly or indirectly therefor, then you're right... but that's a pretty high bar.

There might be homeowners that bought there but ended up not liking the area, or job moved them elsewhere, or plans changed and they were waiting to try and sell until they weren't in direct competition with the developer anymore.