They are calculating a cap rate (more than likely incorrect) and reporting it as a "return" to unsuspecting investors. 

Hey Everyone,I know this may seem like a very basic question, but is their an incorrect way to wholesale properties?

I always say that this business is not for everyone and if done incorrectly you can lose your shirt. 

@Shamus Quirk Thanks for the warm welcome!  

Hello,This is first time posting on this community, so please inform me if this was the incorrect area to post.  

Also, anyone feel free to chime in if this approach is incorrect or implausible in any way.

The DCSR on my report, I just noticed, is programmed incorrectly and is actually around 1.25.

I grew up in rural Iowa and my impression (and it may be that I am completely incorrect) is that small town rural Iowa is declining in population as Agribusiness consolidates smaller family (and smaller corporate) farms.

I merely used the cap rates that you are incorrectly using on SFR's.  

The paperwork they have you fill out shows the free cash on a monthly basis.But if I'm incorrect I'm sure the comments from individuals on here in the banking arena will correct my comment.