The home included indoor pool and racquetball court and had hundreds of acres of pine trees around it.

Now I consider carpet to be right there with bad ideas like flat roofs, mullets, and DIY rewiring jobs.Concerning the OP's question - Color has to do with indoor bowel movements.

It is nice to save a few basis points here and there but it is even more important to be able to seize on a good opportunity where you can make real money and have confidence that your lender can perform for you when you need them.

The typical wholesaler is pretty much a fly by night deal maker with few guarantees, so their value is even less in most cases.Now, big point......./ when you take title you are no longer providing a service, that means you are no longer under the pricing constraints as a service provider, you're an owner and now you can set the price of the property to its fair market value and profit is viewed differently in that light.So, fair dealing is absolutely not what gurus preach, whatever the market will bear is not the pricing constraint as to value, supply and demand are already functioning in the fair pricing aspect with any goods or services.Learn how to close a deal to wholesale it!

1.  3 SFR with gross rents of 9k / month.2.  300 to 400k of value add equity.3.  1 day max of management time (probably more like 3-4 hours) per month to manage these 3 properties.4.  29 days left in the month to make real money at my job and business.

In L.A tenants rights are much stronger than landlords and now the politicians want to make rent control even stronger and have it apply to more buildings .Will be interesting to see if more Los Angeles landlords decide to look into Vegas to invest.They are also working to make things tougher for developers and charge more fees and make them provide more affordable housing .The thing about Vegas though is every time I'm there I see a lot of building going on .

They are also nice as they allow your tenants to have "zones" depending on how many indoor units you put in, which can help reduce energy bills.  

Having the units updated as  @Vijay Prabhakaran had brought up will make renting the place out fairly quick. 

Heating costs go up in winter, as does electric due to the reduced natural light and people being indoors more.

Very clever idea and it sounds like it was a real money maker!