They insult my intelligence and leave me feeling manipulated.

Not only that Bill Gulley, it also shows a general lack of judgment, poor decision making and to some degree a lack of intelligence.

It's not that they aren't motivated, intelligent and ready to work hard (at least some of them are), but wholesaling takes a whole bunch of skills that can take years to learn.Among the skills you need as a wholesaler:- You need to be a great marketer;- You need to be a great negotiator;- You need to be a great salesperson;- You need to be able to estimate rehab costs;- You need to understand how rehabbers analyze their deals;- You need to understand how landlords analyze their deals;- You need to understand contract, closing processes and deal flow;- Etc...If you're getting into wholesaling because you have no cash, what are you going to live on for the months/years you're spending learning how to do all those things above?

It all started with value investing when I read, "The Intelligent Investor," but now I have become drawn into real estate.

He knows this business inside and out, and while I haven't read the book, I've learned more from him than probably anyone else I've ever worked with in this business.I know that doesn't help with the book recommendation, but I can certainly vouch for Marty's knowledge, intelligence, real estate expertise and being an all around awesome guy... :-)

They will help you understand the issues so you can talk more intelligently with your professional like a CPA or Attorney.

First off, don't confuse intelligence with education.

I could be wrong though, but when you figure that lease to own candidate must have 5k-10k cash for down payment plus they are responsible for taxes, repairs, and pay 20k-25k more than market, I can't help but starting to question the intelligent of the buyer.  

Was this an intelligent idea?

The last question is, how much do you think the sandwich shop will appreciate in the next X number of years"So I can't answer your question intelligently because I don't know the realistic estimated net profits on your STR.