I've analyzed numerous 1-4 unit residential deals for both cash flow and appreciation and haven't seen anything close to those numbers.  

Investors focus on the vacation rental space for a variety a reasons.

1) 900 out of 1000 commercial listing agents, and commercial real estate sellers, will throw it in the trash as soon as they see "0% down residential mortgage of the VA variety on commercial real estate" without even responding to your offer or giving your agent a courtesy call. 

That is a significant difference.I've read numerous times that investors who don't set enough aside for maintenance and/or big ticket items often get hit hard and go out of business/go broke when big ticket items do pop up.

As a PM for a wide variety of units, the fun ones always outperform the cookie cutter.

There are numerous others with better rates, I participated in Lee's Inner Circle, so I need to do one more deal with them to get my tuition reimbursed.

They have numerous complaints for overcharging their clients.

Discussions about investing usually include a variety of metrics which might be viewed at the portfolio level and then further broken down by city, neighborhood level and per unit(door) level.

If the wholesaler makes someone believe they own the property or markets the property (as compared to marketing the contract) the wholesaler could in fact be in "agency" and violate numerous laws.

Most are nation wide and will lend to wide variety of products such as a fix and flip loan, bridge, and long term DSCR loans.