Frank Romine A little reckless... but I like your style.

IMO, I dont think anyone understands something till its done, wholesalers want to get paid for their efforts regardless of how reckless they go about doing it.  

It's reckless!

That's $780 buck just given away for basically being reckless and like you said living beyond your means.

If nothing else the parents can hold kids accountable, otherwise the students feel too grown up and things can turn reckless.

The reckless cowboys out there talk about "GTA" (good till audit).  

College kids treat homes worse (not necessarily reckless or anything), but the highly increased rents more than makes up for the difference, money-wise.

Limitations to 1-4 unit properties can slow things down a bit too if an investor is ready to up the ante.Of course, there are a rare portfolio/commercial lenders that run 30 year fixed rates, don't cap you on # of loans or DTI, run recklessly loose debt coverage calculations (i'm not complaining lol), and will be more likely to appraise at ARV even though they've seen your recent purchase at a much lower price.

I would never make a reckless claim that I know what "most" wholesalers, or agents, or anyone else are doing out there.

I would never make a reckless claim that I know what "most" wholesalers, or agents, or anyone else are doing out there.