He's also an active investor in the area. well thats not true you can buy sub 100k fixers in basically every rust belt city and deep south mid west city..

Why do you think you get a walk through.. that is not done with a true foreclosure unless a door is a jar and you just walk in.

We also provide a welcome basket that gives them items to get through a few days so they don't have to go shopping right when they arrive (2 toilet paper rolls, 1 paper towel roll, small dish soap, small hand soap, 2 dishwasher pods, 2 laundry pods, 3 garbage bags, scrub brush for dishes, a few coffee pods, some sugar packets, etc).

That is not true.

True that.

You could exchange in to a $1M RENTAL beach house, a $7M shopping center, and a $2M apartment building.

Always shop around for the best deal.

This is true even if you set up a business and establish a track record. 

I shopped around and Mutual of Omaha blew everyone out of the water in terms of points and fees.

Congrats on finding real estate as your true wealth builder.