A month ago, I stumbled upon the Vegas AirBnB article that went viral and I became even more intrigued (http://mashable.com/2013/11/04/bought-apartment-rent-airbnb/).

Also, the Business Insider article shows a lack of understanding of what this is all about. 

You may want to seek the advise of a qualified CPA or other professional prior to investing this way.Attached are some articles that may be hell on this topic.

-I was going to write a reply going into all sorts of details, but the more I thought about what I'd be writing, it would end up being more like a short book than a forum reply, so I'm going to try a different approach, which I hope still makes sense.You can read articles like these (and I did read your links, I'm not just dismissing them) until you are blue in the face and still not have a solid conclusion, you'll just have a blue face!

Oh - and here are my favorite articles on Wholesaling:9 Reasons You Couldn’t Find A Buyer For Your Wholesale DealDon’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldSee you around the site!

It doesn't happen.It's all about speculation and there was a front page article about this going on in my local paper.

It is rarely physical labor but most often it includes driving neighborhoods, looking up ownership records, making uncomfortable calls, etc.

Don't be afraid to jump in and help answer questions or ask some of your own.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideOh- last thing: Have you setup your "Keyword Alerts" yet?

I, for one, never mentioned getting physical.

According to this recent article from the Economist, 52% of Los Angelenos rent and the vast majority spend well over 30% of their income on rent.