I'm guessing you may have talked to an agent who is prevalent on here promoting those types of deals.

However, based on the prevalence of this strategy I would think there is a perfectly legal way to do it.

That's pretty prevalent in the Metroplex, however, I've heard the Austin area is so much more expensive. 

You go any place with the prevalence of freezing weather, boiler systems, flat roofs, etc, and you should expect those numbers to increase.Thus, I'd say that $4,200 - $4,500 is the absolute low side of things, which happens in places with great weather, low taxes, and low insurance costs. 

More and more investors are willing to deal with wholesalers TODAY, then years ago because it is more prevalent and buyers aren't loyal to the supplier, but rather the deal. 

What is the prevalent Cap Rate in your area for similar properties?

This practice had been prevalent in the days of simultaneous closings (SIMO).

It's really prevalent across all facets of O&G and takes lots of discipline to be around it daily and not participate. 

You can reach out to the most prevalent brokers and build a relationship with them as well.Best!

@Ray Johnson The move to Arlington was certainly in part about the overbuilt class A office space prevalent throughout the metro area.