The idea that you are going to buy cash flowing properties, hire a property manager, and collect rents is just not reality.

The reality is that you're buying in difficult market with high prices and higher interest rates.

While we all the like the forced appreciation its simply not reality for a lot out of state investors unless they take on quite a bit of risk. 

I don't mean to rain on the parade, but the reality is, the note business is more complicated than these gurus or broker-dealers let on. 

Until out of school and then it's straight into the pit and good luck fighting for survival, get with reality and all that....... 

If the answer to both added questions would be "yes", then you have a potential goldmine here.Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one). 

Wholesaling is a mirage that social media and fake gurus make seem easy when in reality, most fail miserably and spend their money on one month of marketing when everyone knows it takes six to eight months of cross-platform marketing to make stuff happen.My best advice is not to wholesale.

The reality is the land has value.

I'm biased and can provide reasons and data to show that using an agent will protect you, get you more money, less stress and so on.The reality is you can do it yourself, but tenants generally don't cooperate with showings and that causes lots of problems for buyer to access the unit to show, inspections, appraisals etc.

Every “resume” is going to be biased to make the individual look better than they are, but a hard reading and further research should uncover some hard facts.To include some humor, here are some “facts” I’ve seen provided on syndicators websites, and what I think the reality is1.