I'm also organizing a Massive RE Investing Summit in the SF Bay Area in October if you're interested..

I think it is still a great area for a high cashflow investment strategy, but banking on the whole region growing massively in a predictable period is a long shot.  

But having tax-free income to someone living in California (yay, state income tax) who is making $300K is massively helpful.  

Put in $20k, and feel like Warren buffet when I sold for $100kBottom line: your question is impossible to answer as it relies on data only you have.

It sounds really good, but I am a little reluctant to just put my whole business on a platform that of a small start up company that could be sold tomorrow and leave me in a massive chaos.

Wholesaler,fee taker,etc. whatever you call it if I am the listing broker for my client and you come with the little to no skin in the game you won't be locking up any of my client's properties.If the client demands it then fine but most of my clients are somewhat sophisticated.What I don't like is that in a wholesale transaction the seller doesn't know the STRENGTH or CAPABILITY of the end buyer with these wholesalers trying to lock something up and then leave unscathed if it falls apart.This reminds me years ago when I did residential short sales.I would get calls from sellers who was contacted by one of these wholesalers or a regular investor.They would take all the sellers financial docs and say they submitted to the bank for approval.I found out papers were never submitted or the package was incomplete.The investors never returned papers to the sellers and the buyers were gone "like a fart in the wind".I had to come in and do damage control to fix things.Another classic is the investor gets the seller to sign a quit claim deed and then disappears and now the seller can't sell if they wanted to.We had a saying when we first got licensed as an agent.The head broker said "you learned just enough to pass the test".Now comes the hard part of learning your skill with a proper mentor so you don't "practice on the public".Then he said "you know just enough to be dangerous"So I feel just like new agents some wholesalers cause massive damage out there.We have our contract where the seller allows assigning into a corporation the buyer owns,assigning to another buyer,or not assigning at all without written permission and review by the seller first.I think wholesalers should pay a very hefty fee if they can't perform.They won't do it again and they will think very hard about the purchase price and not over valuing before putting a property under contract.There are a lot of wannabe buyers out there.A broker saves the seller time weeding them out.Purchase price,terms,deal structure means little to nothing if the buyer has a low chance of performing.I don't have anything against people with no money trying to get a leg up.I wasn't born with a silver spoon and had to start out small.Just be realistic and do not try to do a deal you aren't qualified for or have the means of following through on.Partner with someone more knowledgable who can guide you away from mistakes and help you.To one posters comment about we are all in this for the money.I would DISAGREE that that's the only or sole reason.I enjoy real estate on many levels besides the monetary aspect of it.There are many things I could do for money and I wouldn't last long at them for the simple fact that besides the monetary aspect they do nothing for me.

And as the billionaire and one of the most respected investors, Warren Buffet, once said:"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”And Detroit is a PERFECT example of that!

If you are at a 300 per transaction fee then you would need 30 agents to be a 3,000 gross income a month before expenses and that is not having a building for a brokerage etc.It's a volume business where you have massive headaches from agents not doing continuing education courses required, not paying license renewal fees, not paying mls access dues on time, getting licenses suspended for delinquent student loans, child support, etc.Also you get notices for the IRS to levy their commission check.

Problem not it is so massive, (EG:New York just wants a piece of the pie), besides this problem comes in many forms and faces, some of it is not even on the internet and has been around a long time.

Most of the stuff touted on the board like buying gold, etc. won't work in the event there is massive hyperinflation.