I told him I was closing on a deal that week and getting a payday. 

That's my opinion at least after looking at some of the sale prices at the auction...the higher value properties get the margin squeezed too thin by someone willing to rehab it for a $30K payday.

Wholesaling, retail real estate and building/remodels take all of my time (plus some), and the absolute dollar margins on flips here isn't worth the hassle to me for a 6 month wait on a payday given the other choices I have to spend time on.In this market (Ohio), doing $5 million in annual sales gets you top 3% of producing agents and teams

If the deal doesn't work out, they worked for nothing but if it does, they get a nicer payday down the road.

And taking into account lessons learned on this one, you'd probably have a pretty nice payday.

I'd rather wait to find the right deal that is going to make for a nice payday then pick up a bunch of properties that will each make a smaller return. 

I am in a community of awesome folks who believe that "to pay it forward" returns the biggest payday no matter what avenues of REI!  

Inept lender for sure.. freaked out   out of state investor But the end game was the last person who ended up getting it for free sure got a nice pay day..

So I finally have some great news on the sales side of this equation which equals the payday.

I would start out doing a couple of fix-n-flips, get some $, (But you need to know how to do this, and learn it correctly as it’s not easy), and then maybe let your big pay days from fix-n-flips fund some buy-n-holds.