Just look at  Alan's example which is an accurate depiction of how these properties often pan out when viewed through an extended time period.

Yes, even the best system will see a bad tenant get through, but we've found that raising the bar cuts out 90% of what we have to eventually deal with, and for the remaining 10%, if it's a tenant who's always paid in good faith, we try to work with them within the month and, if it doesn't pan out, we move straight to the hard talk.

And then it pans to a luxury car.   

Curious how this pans out.  

I could see a requirement, perhaps under the Patriot Act, that requires all landlords to get a SSN/TIN from everyone living in a unit and report that (or lack of) to the federal government.

I am currently doing three approaches and hopefully one of them pans out:1) Networking with others.2) Continuing setting up my Gator transactional lending business. 3) Going through the content.

So instead of always pushing max rents, I've seeing things pan out better when you just get good tenants in your properties and try and get them to stay.  

@Yixiong Pan something that I’ve had to learn along the way.

The reality is you have to pay for services like this and be prepared to eat the cost if the deal doesn't pan out.

But the wholesalers are people that can legitimately close on the deal, and typically will should it not pan out.