I follow the net worth model in my REI and you'll find it in that book. 

Not everyone (like, ahem, me) is comfortable with that model.

Likewise, if there is every anything I can help with, please do not hesitate to reach out, especially with things like financial models and communications materials; as you can imagine, my day job has made me fairly proficient at those!

All said, it's not a good model in many markets, like mine.All in all, if some bunch does come to your market area and scoops up all the empties, shame on you for being a one trick pony, so, learn real estate!

Yes I have a real estate license, but I prefer to mainly use it to search the MLS, to then find, buy, fix up, and either sell or hold the homes.

Without any equivocation, I support and pay all required federal and state taxes.Now,What I'm talking about is not claiming expenses, not the failure to pay taxes.Claiming business expenses is a choice not an obligation, the savy investor is knowledgeable of the pivot point of claiming just the right amount of expenses versus income and demonstrating that they have a successful businesses model. 

Don't drink the kool-aid about Ubunto or any flavor of Linux/Unix not getting viruses or malware.

Here's the thing about wholesaling, if they show up in court, they will strike out, they can't hit a home run acting as a strawman without a license.If they aren't breaking the law, they are skirting it and the more deals they have done, the closer they get as being seen as a dealer in real estate, being in the business has a much different flavor than a one time assignment that can be perfectly legal. 

Also,  condos and townhomes have almost identical characteristics so if a model match just sold for 500k.  

Wholesaling without a license is raising a lot of Ire with certain states.. we see that now on BP  Ohio , FLA, CA ,,, I had a client in MS that got a cease and desist in 04 for not owning properties he was reselling and I created a transactional model that kept him legal  IE he owned what he sold.. think it through past the short term money grab.. if these deals are good enough to flip off to a rehabber even after your wholesale fee whatever it maybe .. close on it rehab and resell..