I get emails from wholesalers all the time, re pumping a property with a new lower price... seems like they are sending out the first one with a hail mary fat profit to them price, and then dropping it every week... 

In fact, there is a great book you should read by Gene Trowbridge, titled appropriately, It's a Whole New Business.  

I think there are 3 main reasons:Financial ignorance: most people I know are happy to follow the 401k path to wherever it leads and worry more about where they are going to go on vacation that year2) Laziness: RE investing is not something that can be done well while sitting in front of your computer and just clicking where someone else told you until you think you're smart enough to click where you want3) there is rarely a "fat pill" in RE investing.

LOL.if you take the depreciation then want to sell your Jet your going to get wacked with one bit fat tax bill .... unless you can dump off some asset that you lost money on and can offset it.

Good books: Gene Trowbridge - I's a whole new BusinessThere are several blog articles on BP about syndication.

I just read your profile and visited your Fat website. looks like you doing well and have a lot of experience.

I wish the fat pig government would leave free people be.

Fat McBrides on Maplewood and Pioneer next door have a great happy hour from 5-7 on weekdays (1-1.50 beer, 2.50 margaritas) and some half price appetizers.  

I am in Washington state and I am considering finding contractors from Alaska because it seems the ppl around here are fat cats can name any price.

It lays out the case for value add plays that apply's to all food groups IMHO.Its a Whole New Business by Gene Trowbridge is essential.The Dummies book is actually good with Peter Conti and Peter HarrisCommercial Real Estate Investing with Dolf De Roos was pretty goodWhat Every Real Estate Investor Needs to Know by Frank GallinelliAvoid Lindhal beyond his books which are great i.e. his guru model is full on.Deal Makers Guide by Ray Alcorn is EPIC but pricey.