He then started crying and sobbing about how no one will give him a chance, the economy was bad, his relative was murdered, he lost his job, he had to sell his car, he goes to church now, he has changed, blah blah blah.

For what it's worth saying that you have 50% cap-rates but achieve them through mysterious sneaky ways doesn't exactly build credibility.

Apparently in my neck of the woods ONLY drug convictions would get them kicked out (robbery, murder - not a problem).

Refusing to cooperate with police on a potential murder investigation is a great way to get convicted of obstruction of justice.

@Jesse GonzalezWell that solves a 2 year mystery lol, thx

The murder rate is off the charts.

This will always be a mystery to me.From a RE perspective, being in such a common sense state where evictions happen in a matter of weeks versus months or never is such a refreshing change.

As a broker and investor I can expand on this some.REO broker you can almost forget getting one on one service.Their meat and steak and repeat business are banks and asset management companies assigning listings.They employ buyers agent to handle that side of the transaction most times and are too busy doing reports,etc. for the bank.Some smaller REO brokers might handle the buyers side if their book of business is small to medium size.Many of my friends on the residential side stay away from the REO list side now as the margins are too low and overhead too high.They have shifted to be buyers agents on REO's for the higher co-op OR they are listing short sales before it reaches foreclosure.Banks with the ROBO fiasco are gun shy a little on foreclosing but can do short sales more quietly and shed defaulted assets.This is why short sale volume has been picking up more and more and residential REO has been stagnating with volume in some markets.As far as wholesalers and assigners.I don't dislike anyone.I play the percentages.A direct end buyer purchasing cash takes out the mystery and things that can go wrong with a wholesaler.So as far as listings I prefer vanilla deals that have a higher percentage of closing.Wholesalers with a little cash make up many who are experimenting on deals to try and make a buck and are new to the game.This causes many of these types of deals to fall out.It's just like a buyer obtaining financing.What type are they trying to obtain makes all the difference in the world on the structure of a deal.So wholesalers and assignees are a last resort with my listings.

@Larry Fried  Maybe you should write a blog about this like you did the other provider that you felt gave you a bad deal.... it would be quite interesting to hear your thoughts as a "marketing insider" who has worked for or with these mysterious marketing companies.Its funny how folks who bought through them never quite figure it out until its all over. that the Marketing folks are really just acting as RE brokers and not really disclosing that up front.Do you think you should also put the fact that your a licensed agent on your sig line and be proud of the industry your in and got licensed in..

Verify that there are no disclosure laws in Indiana regarding murders in the house, reports of paranormal activity, etc.