A CAP rate in a listing is about as useful as shoe size.

I was in your shoes 5 years ago while being laid off all of 2010.

In that case, wouldn't the exemption for notes secured by a home mortgage apply because the buyer of the partial stepped into the shoes of the seller?

That means you can't wholesale a contract that is not assignable without specific consent by your seller to allow just anyone off the street to step into your shoes and perform your obligation to pay.  

Let me offer my own, biased reason: The status quo is too entrenched right now and protecting their interests, as I would myself if I'm in their shoes.

If I was on a shoe string budget I would drive and try and locate houses you can mail to or knock on their door.  

Put yourself in the shoes of the prospect you're mailing to.  

Put your self in my shoes please I have not done this in my life and I'm a little scared about signing contracts.

I was in your shoes once upon a time, and know how much work it is!

RealFloors in Greenville, SC and pay $10.75/yard installed + $1.25/foot for shoe molding.