I think we can all agree that the radio show is an infomercial and offers very little substancePersonally, I believe there is NO substitute for experience and " going through the muck" as you say breeds a better level of understanding and success.  

To the extent permitted under this Agreement, each Co-owner hereby makes, constitutes, and appoints ____, a principal of _________, the property manager of the Property, with full power of substitution and re-substitution, his true and lawful attorney-in-fact for him/her and in his/her name, place and stead and for his/her use and benefit to sign, execute, certify, acknowledge, file and record all instruments that may be appropriate in connection with this Agreement and the Property, including without limitation, leases, amendments and documents relating to the leasing activities of the Property.

Of course there's no substitute for actually doing it.  

No substitute for hard work. 

I called the seller to let them know an investor was going to come by and have them sign a substitution of buyer agreement and a hold harmless and they did their deal...Cool part is I didn't hide anything...

My spreadsheet also adds an additional strategy of substituting the mortgage for a HELOC. 

The paystubs show that the applicant is not salaried like claimed on the application, but a substitute teacher who clearly gets paid by the actual days worked and I inform the agent of such, and because she get variable pay I will need a W2 for her.Then she claims the other adult makes enough income on his own and his W2 is in the dropbox.

Being behind a desk is great for research, but it is no substitute for physically looking at properties.8.

  " I will say it again, there is no substitute for experience.

This restriction applies whether or not there is a release from liability by the lender of the selling mortgagor"     "Mortgages subject to the 1989 Act require that the lender automatically prepare the release from liability, thereby releasing the original owner, when he/she sells by assumption to a creditworthy assumptor, who executes an agreement to assume and to pay the debt, thus becoming the substitute borrower."