NO, Virginia, there is no Santa Claus.  

What that means is that even if you "overpay" for a property today, there's a pretty good chance that the normal rate of inflation and general appreciation is going to make you look like a genius 30 years from now. 

There are many reasons but near the top of the list is their cost versus the value add. 

@Emma Hustis, I suspect most brokerages will not allow their agents to wholesale because there is too much risk of being sued with virtually no upside.

Today there are approximately 5,000 listings metro wide.

Like Michael said there's no way to know the answers without actually reviewing your taxes.

There was no internet.

There are plenty of hard money lenders out there to fund your projects.

But unlike a Roth, there are no contribution limits.

It’s one of the reasons I like this market—there’s flexibility to pivot between STR and LTR depending on what works best