Here's a first...Throughout the year's I've ran numbers on numerous properties, single-family and multi-family.

Virginia Beach offers numerous investment opportunities, both in-state and out-of-state.

It’s a fairly sophisticated operation, with an unusually long time lag between first identifying the unclaimed funds, tracking the beneficiaries, obtaining a contract from said beneficiaries, gathering all the documents needed for “proof”, dealing with numerous government agencies, and finally hopefully having your client receive the funds and you getting paid.

I've analyzed numerous 1-4 unit residential deals for both cash flow and appreciation and haven't seen anything close to those numbers.  

That is a significant difference.I've read numerous times that investors who don't set enough aside for maintenance and/or big ticket items often get hit hard and go out of business/go broke when big ticket items do pop up.

There are numerous others with better rates, I participated in Lee's Inner Circle, so I need to do one more deal with them to get my tuition reimbursed.

The terms “paid advertisement” must appear on each page of any printed advertisement, or “this is a paid advertisement” must be spoken during any verbal story.A Member in good standing who wishes to display or use the RMAI logo (inclusive of certification logos) to indicate that they are an RMAI Member may do so provided that they first execute an agreement with RMAI which: (i) grants the Member a nonexclusive license to affix the RMAI logo to certain promotional material, (ii) reserves the right for RMAI to terminate the nonexclusive license granted in the agreement and to prospectively change the terms and conditions of the Agreement from time to time in RMAI ‘s own sole discretion, (iii) limits the use of the logo to the Member company’s website or other promotional materials, (iv)prohibits the transfer of property rights, trademark, or other intellectual property interests of RMAI to the Member, and (v) prohibits the Member from assigning the right or authority to use the RMAI logo to any other party.A Member shall not use the RMAI logo on company documents and/or letterhead to imply RMAI has approved or endorsed the content contained therein.CANON 5 – REPUTATION OF THE INDUSTRYAn RMAI Member shall always demonstrate its desire to protect the reputation of the industry which shall be revealed through the avoidance of impropriety, including the appearance of impropriety.Commentary:A Member shall not engage in any conduct that materially and adversely reflects on the receivables management industry.A Member should always be cognizant of the industry’s perception to the public.

3) Price is too high for prospect perception of property value--- Prospects are only willing to pay so much for what a property is.

They have numerous complaints for overcharging their clients.

If the wholesaler makes someone believe they own the property or markets the property (as compared to marketing the contract) the wholesaler could in fact be in "agency" and violate numerous laws.