Maybe I will look into it when I’m more deep into my investment journey. 

I don't hold them in my portfolio but I do wholesale them to other investors since the discounts are deeper.  

Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.

It's critically important to make sure you know the exact zoning in regards to minimum stay requirements before you go too deep into a property.

It ended up okay, but it sure taught her to slow down and get comfortable digging deep into the due diligence.Here in San Diego, I’ve seen the seasoned investors always double-check with a well-regarded local title attorney..I’ve heard there are a few firms around downtown that specialize in smoothing out odball title issues..or a trusted property manager who knows what unique fees to expect.

If you don't know how deep the water is, you may get more than just your "feet wet".Third Lesson.Cheap and discount are not the same thing. 

Just a few other tips - you can increase your weekly and monthly discounts. 

I wouldn't discount that credit report.

Discount Brokerages are LOOSING market share not gaining.

I suspect this lender was just one of the hundreds of crooks out there doing teh advance feescam.If your interested watch the American Greed episode on Remington financial they do a deep dive into these companies..