Some say its key in starting out without any capital and others say that that particular market is saturated, possibly illegal, or unsuitable for a beginner.So my question to the community is this: if not wholesaling then what?

My thought on Cordova is that South Cordova is better and as you get closer to Wolfchase, the area gets even more saturated because hedge funds love homes built after 2000.  

Certain areas are saturated, such as property management software unless you want to address a specific niche.

I ask as the pre-foreclosure market appears to be very competitive and potentially a little saturated?

Every area in Queens, Ny is pretty over saturated with investors and mailers.

I know it's very fast and saturated but I'm sure there are opportunities out there for me.

The market in NY is so over saturated with investors looking to either buy and hold, or buy and flip.

And there's plenty of opportunity.I prefer to invest in saturated markets where its hard to add to the inventory.

It seems the NJ, especially Northern is highly saturated.

yes, yes, way too over saturated!!