Conventional wisdom states that holding stocks long enough (e.g. 20+ years) should give you a nice, somewhat predictable average rate of return, based on long term observations of market appreciation. 

Observations are not legal advice.

Be observant and take notes.  

you are way better off representing yourself) but i am looking for more and also looking to network with the wholesalers (I may be wrong here, but I don't think those so called "wholesalers" want to network with you, I believe their goal is to make an assignment fee for themselves) My observations of those who call themselves "wholesalers" don't really have the skills or knowledge to flip properties, because they took a motel course on wholesaling, does not make them skilled real estate investors) and see if i can bring things to do deals to help us both (I think you need to think first of educating yourself before you try to network with others who may not have the skills that you think they have) i am a current business owner looking to start my own portfolio small soon. 

That is a great questions,  my observations is, why try to find that so called sub-market where other investors (competition) will be?

There can be large variations in your rehab costs dependent on those numbers and observations. 

I plan on attending one just to observe and see how the process unfolds. 

However, floors are painfully obvious, and most observed, as are cabinets and countertops by buyers viewing your property....

Just an observation.

It would be better for a veteran investor to show you the ropes on your first deal, but you will learn a lot quicker and gain more confidence in yourself if you lead the way rather than follow and observe someone else.