What he bought at the rock bottom of the market is now selling at the top.Even after dealing with a problem electrician and the city shutting him down for a couple weeks, he finished in great timing with minimal holding costs and is making a hefty profit.

So why would you waste your time doing this before the city will? 

Unless your job is changing or the family is moving to the west coast in the next 5 years I wouldn't waste the time or money. 

If you could make tons of money wholesaling why would you bother wasting your time teaching your competitors to do it for a couple hundred bucks? 

Im sure it works but it is an eye sore and I think a waste of time to install/remove.

If you can spend minimal to get to the higher end of your cash flow numbers I would go that route over worrying about interest rates.

In the absence of these pictures (or some kind of property condition report) I would not waste any time on it.  

I’d rather keep risks minimal and buy upscale properties, even though it sacrifices a little return, as long as the cash flow and ROI are still decent.

Concrete pads, utilities to each site, waste disposal, etc...

Their general thought is they are a lower price point to buy, potential for more cash flow, but expect minimal appreciation.