That is true for maybe 1 percent or less of the wholesalers who try it.When you are new and you ask for a wholesale mentor online, you are going to get every pitch, course, guru sell that there is.

This situation can compound to you doing more jobs and getting more capital for the next deal, but then losing sight of really why you got the license which is saving money on flips and doing more of them because the margins are so great for you being licensed.

Quote from @Jake Handler: I am under contract on purchasing an off-market home, seller finance in North Jersey. 

None of the lawsuits had a material affect on the business.

Detroit can be tricky to analyze, and some deals that look good on paper might have hidden pitfalls (taxes, rehab surprises, etc.).

It all depends on the situation.

What has the bottom line been the last three years?

I'm coming on the forum to get some perspective and insight.

Any general thoughts on investing in this market and cash flowing with 20% down?

They sign into their own accounts, and the TV automatically signs them out of all accounts on their check-out day.