Based on the pricing below, the above ad wording is, as best very misleading and, at worst, is not at all true. 

That to me is true wholesale.. buy it and actually own it and then resell.

Not true. 

It was an office building owned by a somewhat shaky business, but did have numerous long term roof leases for wireless providers.  

Hey @Sara Valentine - huge fan of these for my rentals. https://www.amazon.com/Detector-Wireless-Notification-Securi...

That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit. 

Quote from @Charles Evans: You aren't crazy, but you must be honest about the true cost of ownership.

I keep saying it's making me a better investor and that's probably true.

When the cash flow is too good to be true, it always is.

Assuming this scenario is true, I cannot see a scenario where coastal RE near Los Angeles does not have over sized appreciation.   2nd homes is not going to make a significant dent in this increased demand. best wishes