If not, prepare for devoting tons of time to it in the beginning but eventually you can get some great tenants and have all your maintenance/systems in place, you will be ok!

I continue to get emails from Steve Mayer of Finance holding Company, but he keeps wanting me to pay a deposit + his 2% origination fee upfront...seems like a scam and wanted to see if anyone has done business with them in the past

😮 This is a SCAM to take something of value from me!

, then I contacted them and in order to join their program, you have to put down $15K and $200/month for their deal sourcing service, and they asked to sign a disclosure that basically states: "We not taking liability to what we advertised and we are not refund if you buy some property in 30 days".I felt like this is Scam already but I really want to know how to make money from doing Flipping, so I signed and tried the program.

Facebook groups are odd.. you find diamonds and scams side by side so do a lot of vetting of post history..do meetups in real life etc

They can not be expected to devote time to the process for free. 

That is how best we can close and have always closed any transaction." complete scam

It’s a complete scam that they consistently advertise that.

I think wholesaling started out as someone exploiting a "blind hole" in the existing real estate process....eventually, enough people felt they got scammed and made some noise.The handful number of deals I listed from a wholesaler were enough to convince me that I don't want to list a property brought by a wholesaler...they don't yet own the property, and they try to make money off the ignorance of the "owner of record". 

They will need it anyway for financing.Lease options are a common tenant scam: bad landlords asking 5% option fee for 12 months knowing that the tenant will likely fail to get financing, then kick them out by non-renewal and do it all over again.