You must be one hell of a player either way!

Take time to learn here and from others as wholesaling is also the niche in real estate which gets slammed the most with shady players.

Not sure about the 1000 dollar rule.. but one thing I think is a flaw in the buy hold mind set is that these properties can be rentals for 5 to 10 years then sold to owner occ for a profit.I don't see that at all ... even If you could somehow talk someone into moving into a rental area and being a new homeowner the improvements you would need to make to make the property RETAIL ready would probably eat up half or more of any cash flow you made the previous 5 years.I see this with the current crop of smaller players starting buy and hold funds...

The big players are basically renting with rent credits.

Makes me wonder how much we really need syndication if there's only 4 players.  

Learn who the players are in your area.

Pocket 10s. 5-way action and three-bet pre-flop by the time it came around to me -- almost laid it down but was getting pot odds (and plenty of implied odds) with 5 players in.

Good point Tevis, lots of players out there.

Im not a big enough player to get non recourse loans (backed entirely by the property) yet, but that's the goal at some point - even though they are typically higher rates.

You really need a "team" of players in RE, buyers, Realtors, appraisers, an attorney, title people, contractors, you need boots on the ground going out the gate to go at this in a business manner and trying guru crap.