I agree with Will,and you can chalk me right up there with a wannabe,or maybe a guy who misunderstood alot of things as well,like with the wholesaling bird dogging myth ..as far as no money making deals in real estate,i've come to realize it simply dont exist,you have to pay for marketing and other things as well,direct mail ,and countless other things,and its time consuming,i acutally had quit a decent paying job ,and boy was i ever wrong ,well needless to say that didnt last long ,thought i was going to be the biggest baddest wholesaler around got brung in the PRESTON ELY crap that he preaches how you can get so many deals and do this and that so quickly,not saying that it cant be done ,but im saying i was successful at doing this when i first set out,i've learned that this takes time and simply cannot be done overnight,i think you should also have a mentor,and definiltly not a guru mentor,these guys just want to suck you money bone dry.....they make half of their money by their products they sell.....so i've reconditined my thinking and getting my license and joining a commercial brokerage....and will be looking to get into some commercial investments

They don't hate Californians, that's just an urban myth (:

So I'll describe my removed image instead:I agree with @John D. regarding the bank slowing your roll if you can't take a 25% haircut and still do OK by posting an image from the American Sitcom "The Office" of a character named Ryan pointing at the quoted post described above in a whimsical manner oriented vertically instead of horizontally to enhance the amusing nature of the image itself. 

@Matthew Olszak See, that's MY thing, Matthew.

It is one thing that can enhance and develop a good working relationship with a contractor.  

That's the best example of, "you don't know what you don't know"...and if you aren't open to other ideas, you never will.I have been a part of both extremes, but the people I've met at both have enhanced my options, my knowledge, my partnerships, my friends, my bank account, and more.

Wholesaling as it's taught is a myth.

Is that just a myth?

Equity is a myth and a risk inherent in real estate investing.

Kiyosaki29 - The 4-Hour Workweek by Timothy Ferriss25 - The E-Myth and/or The E-Myth Revisited by Michael E.