Went to the local REI meeting last night and they were discussing how the banks and real estate brokers and agents are brushing it under the table.

All of those statements are painting with a broad brush.

@Nicole Brush Welcome.

However, I would try to brush up on your REI knowledge before taking that step so that you will be confident in what you are talking about and what it is that you are looking for specifically.The BP community is a great place to learn.

I set this up with as many of my recurring static bills as possible so I can automate the business.

That is a broad brush to paint with "you're going to get played by contractors".

I started out going to Eddie's 3 day class which was well worth the money to get a broad brush of this business.

To paint all wholesaling with a broad brush that wholesaling is both harmful and illegal is simply factually untrue. 

You just need to brush up on your deal analyzing skills so you can, a: recognize a deal when you see it and B: Sell your investor (Mom, Uncle, whoever) on the numbers and be convincing enough that they believe you can pull it off.Your just getting started so have an open mind.

Next door to the property is a 48 unit townhome community built in 2007, which is separated by thick brush.