All of the concepts sounded great but the actual money seemed so far away.  

When you say "I would rather increase my income then have to live in such a small space." your not grasping the whole concept of the movement. 

a new concept in todays societywork you butt off and get wealthy slowly

@Jeremy Vogan   Morning Jeremy,, out of sheer curiosity how do you set up these guarantee's do you establish some sort of reserve accounts and have third party reserve study made then fund it  ( like a sinking fund) We do this on HOA and condo projects that I owned.Interesting concept from a rental stand point, and investor standpoint..

., how can I introduce this concept to the real estate industry?

There are other options available too, but since the seller is nearing foreclosure, you should be able to "sell" her this concept quite easily, especially if she understands she gets nothing if the bank forecloses.  

So far I understand all of the concepts of wholesaling and I am trying to put at least one property on contract asap.

Several company will not write policies on rentals with functional fireplaces or wood stoves.The general concept of open fireplaces is that they are quite poor at heating homes.  

One reason I try to stick to one concept at a time, lease/option one concept, lease/purchase another.

We do run into some folks from time-to-time that I could refer to you.What are your thoughts on the recent articles in tech that are harping on how the "open office" concept you often see in tech companies are actually counterproductive?