@Jami Kloet I saw on A&E (Saturdays at 11AM) Homeaways new TV show VRP (Vacation Renatal Potential) that Panama City Beach Florida was the #1 U.S. vacation rental destination. 

Or a lot of these folks had 5 year calls on commercial properties and credit froze.. asset foreclosed.what you see is when you say people got wiped out your just seeing what you see on TV and such.. it happened to everyone  MYSELF included..

😁As for motive, I'm just here to make good TV.

@Denise Brown-Puryear   yes the idea of apprenticeship seems to be lost in this whole idea of wholesaling ... and or flipping   and or many things real estate related.. and I get that you take a late night TV add were this nice couple is holding a 40k check up on a flip they did without any of their own money and all within 120 days.. and they say they are regular folks and if they can do it.. you can to you just need to follow  this great instructor.Can that happen of course it can.. is it frequent of course its not.I see all the time these folks wanting this wholesaling stuff and NEVER talk about being a top producing agent or a very good commercial broker.. this is were careers are made.

A good example of a TV guru, how he bought a property below market value and instantly made $40,000.

What I like about the MP scan is it retains some sense of depth and it auto-generates dollhouses and floorplans so the viewer can get a view the layout of the property.  

Over here no-one would work like hell when they could live on handouts and have a nice apartment, a big-screen tv, cellphone, and laptop courtesy of the ignorant taxpayers (myself included)!

My parents have always been interested in real estate and architecture, when I was younger they used to drag me along with them to go tour new neighborhoods, look at new houses being built or old houses being renovated, and on the weekends the TV was on HGTV or other programs showing real estate for sale.

And, of course, if you want the actual video footage, along with some hilarious commentary, I can provide that as well: http://tv.gawker.com/5620154/jon-stewart-fox-news-omits-facts-to-further-its-fear+driven-narrative And while Jon Stewart does a great job of making all this sound amusing, in reality it's pretty scary to think that every viewer of Fox News is helping make rich a guy who is turning around and using that money to fund terror.

its funny how regional the answers are.. but right now and I know this is an old thread.. but right now new construction is far better than fixers.. for this reason.1. everybody and their brother is chasing fixers.. and prices are high margins thin 2. there is extreme liquidity in the fix and flip mortgage market.in our markets that I work mainly  building new homes is far easier less competitive and more profitable.. and way more predictable  @J Scott  wondering if you have pivoted into new construction in a bigger way or still working flips.So for land there is much less liquidity for lenders doing new construction so all the late night TV folks and or smaller beginners are not going to find it easy to get a TRUE construction loan.. were as a beginner can usually get a flip loan no problem.. its loosening a little but lenders for new construction are not taking on new beginners or very limited experience generally speakingI like the fact that there are far less surprises you have a plan.. you have bids you have a budget and we pretty much hit the numbers most times.. way less surprises.. and the absolute game changer is the sub base is far and away more qualified and professional than working with low end rehab contractors that are so frustrating.. as well as under capitalized cant buy their own materials have no credit etc etc..