they are buying the assets and closing.. and the big ones are all licensed.. so you can have an employee work for you in a very narrow scope.. but why u would want to do this is weird.. there is no real money in it and over time your not building a career your just wasting time. trying to figure out how to stay on the fringe.

The whole UIC area is still undervalued I think, especially if you can buy on the fringe a bit. 

Obviously most of them are in the red on the Trulia crime map, but some I've noticed on the fringes sitting in the green.

You may find fringe suburbs are a better return for SFRs. 

However consider a bigger picture and remember both Dev and Jerry's approaches are fringing awesome. 

Advice wise  I would look for area on the fringe and be tough on your areas as you are on the house.  

It is right on the fringe of being legal/illegal, and lawmakers have been talking about how to regulate it for years because it can be a dangerous process that leaves end Buyers feeling like they weren't represented.....especially when they see the closing statement and find out how much the wholesaler made just by getting to the Seller first. 

I would say that some of the fringes of the good areas mentioned are seeing a lot of investor activity as prices rise and people try to squeeze the margins.

For example, in the New York area, especially in some hyped-up fringe neighborhoods (like certain areas of the Bronx, Queens, or Staten Island), finding a "bargain" seems easy.

Long Beach is so fringe oriented and prices are so high that it is pricing out the low income people out.