This is definitely a turn key cash cow.

Literally hundreds of hours of content to digest and tons of forms and system process outlines that I could implement immediately in my business.

Even if the model is correct and takes into account all properly recorded liens, you have to watch out for subordination agreements that no computer model is going to be able to read and digest.

Holy cow, 12 pages in of responses!

That property ended up becoming a massive cash cow after I came back and put in the time and money necessary, but I could've saved myself a lot of stress and thousands of dollars had I just done the work immediately after acquisition. 

Everyone is preaching about how much money it takes but from what I've read, listened to from the BP podcasts, YouTube channels, and my own way of planning via digesting all sorts of information the only real money you need is for EMD and to pay an attorney to help you with your contracts.

First, she called on the phone and called me a "malicious cow" and and every other name she could think of because I was snooping around in people's public records, and it wasn't anyone's business if she hadn't paid her property taxes!

After reading and digesting all written in this thread, I have done some serious thinking about wholesaling and based on my 38 years experience as a real estate investor, note buyer, private lender and syndicator here are my thoughts1.

And then there is that pesky insurance  HOLY COW..

There are absolute cash cow fourplexes for a BRRR on the East side, but you'll constantly be cleaning trash out of your yard, fixing annoying minor problems, and dealing with petty crime.