That's all wholesaling is as it's taught in these programs, it's brokering real estate except instead of being up front & telling the distressed seller that you'll sell their property for X amount & take X amount as your commission / fee you are taught to lie to the seller & pretend you are going to buy the property while you secretly attempt to "assign" your contract.It doesn't work.

@Jacob R. and @Anthony Dooley , I confess, my opinions are biased by my own experience in Denver; I don't pretend to be an expert at markets elsewhere in Dallas or Georgia.Nationwide, you can read a lot of experts opining on "rent vs own" your own residence.

If you're bold, pretend to be a tenant and go look at places. 

The only two cities in that list that even pretend to cash flow are Chicago and Philly, and even within those, the cash flow areas aren't necessarily going to be the areas you want to live in, and certainly not vacation in.

It will be odd to pretend you are the property manager when you are the owner! 

I'm in LA and regardless of most things not being affordable, anything that even pretends to be affordable even within some hours' range of driving, won't cash flow.

We can pretend that there is a huge difference in cabinets or granite or tile or whatever, but I haven't found it to be that great once we get to the installed price. 

Perhaps they pretend to read it but simply sign without having really understood what they have read.The advantage of a "verbal" lease is that these folks have month to month tenancies; much easier to terminate than yearly leases. 

Nobody is pretending to be an expert after buying 7 homes.

I do not pretend to change my residence to the US, so I already ordered the book "Long-Distance Real Estate Investing" by David Greene as recommended in the podcast #257.