There are some great deals this time of year and the over inflation of small multifamily can be tough to get a deal. 

Ironically, when the liability event occurs, those who are actively running their business the correct way are far better prepared to handle the liability event quicker and more cost effectively than the individual who has the complexed  asset protection structure but uses unlicensed workers without insurance, fails sign contracts with indemnification and operates their business negligently.

Agreed  is it legal YES  can it work YES  is it much tougher than the blue sky pitch YES  just like anything around wholesaling its a tough gig it just is.

Quote from @Kevin Sobilo: Quote from @Greg Scott: This is a tough lesson.

Just seems to reflect the reality of generally tight market conditions across most of the U.S. currently, tough to find higher returns.

Yeah, it's tough to believe anything he says.

Dee: @Jarrod Ochsenbein Do you have your own landlord/maitenance workers for these properties?  

However, it does mean forfeiting the deposits which is tough to swallow. 

Rent out a room, or two or 3 in your new place to friends, family, co-workers. 

The tenant pools are great, as we are the State capital, we have two MAJOR hospitals, government jobs, large developments happening (out-of-state union workers), MSU, Lansing Community College, and so on.