I don't have experience with mailers but I can give you help with the initial phone call when they respond to your ad.Make a second line with some kind of distinctive ring or announcement so you know when it's an ad call.

This combined with the on the knowledge gained through hadns on experience gives you a distinct advantage over the one who went the 4 yr degree route.I have a 4 yr degree in Mechanical Engineering, and although it trained me to think a certain way, I am cvertain that someone with no degree and a couple yrs experience in the field would run circles around me in the engineering field.This is perhaps just the way I would do things "if I knew then what I know now".

There is a distinction that needs to be understood by new investors as to lenders and "programs".

I do plan on marketing one commercial property in the next 18-24 months for a distinct purpose.

I guess we'll just have to see what SBY, ARPI and AMH do after a few more quarters of earnings go by without them getting into the black.As for your comparison to subprime, I have to make one distinction.

These " get around the commission" schemes seem to take place in two kinds of distinctly different markets.

As resort and vacation communities have their own distinct markets and are separate from the norm.

So in this example, you'll pay:$28,500 x 12.4% = $3534 Social Security Tax$50,000 x 2.9% = $1450 Medicare TaxDepreciation is not a consideration when flipping and the profits are most certainly taxable.The IRS sees no distinction between buying a house, fixing it up and selling it as compared to buying a bunch of widgets, assembling them into a final product and selling it.  

Buy and hold & wholesaling are generally two distinctly different strategies although Aaron in podcast 37 talks about how he weaves the two together (very well).

@Matt Hummer,The distinction I'd recommend making is between what you are allowed to do legally and what you should be doing based on your skills and knowledge.If you are as competent as the professionals you would otherwise hire, then weigh it against the value of your time versus the cost to hire it out.