I agree with and observed what everyone here is saying.

My clients who have used Anderson Advisors have consistently made the observation that all of their first few years of profits went to cover the unbelievably high bill of setting of their "structure".  

They aren’t a “scam” in my observation, and it could just work out.

To a casual observer it may appear to be the same situation but it is not.

My stats improved when I changed my approach to attract only sellers of certain types of property-vacant and needing repair.I changed my methods of marketing once I observed that the things I was doing to attract deals just did not produce the correct result.Credibility and confidence closes deals.When I talk with the seller about the several rehabs I am doing(to not boast,but subtly work funny stories or even horror stories about my contractors naturally into my conversation) they know they are dealing with someone that will close the deal.Sellers are making the largest deal of their life and are afraid of making a mistake.

Hence I made my observation.

One observation however is that you've sent 1 mailer to 600 names.

To get there I know I have to better my skills and also observe and listen and WATCH the buyers.  

The regulators and some states like California, Florida, and Ohio are stepping up their observations on craigslist and so forth.  

Saves me from having to deal with a broker, the NRA (or whatever the alphabet regs are called), listings that I get 3% on (even though I did 90-100% of the work to get it sold), dealing with sellers who think their house is worth more than it is and blaming you because there house isn't sold because they were stubborn on their asking price, dealing with buyers because you can't find that "perfect" house at their unreasonable price, investors who call you for comps without intending or means to buy the target house let alone a pack of gum, or want deals to assign and walk away because they can't close (happens to other wholesalers, too), or a number of headaches that I would have to take on being a licensed RE agent as well as an investor.Not sure if this helped anyone out, but I was chiming in with my opinion and observance of this long thread (I think this one should get an award).For grins and giggles, I'll be researching more about licensing and brokers in my area and State laws in Florida regarding RE investing.