Buy 1st position notes at a discount

2 + 2 = 4If you get a discount for being in the club, guess who owns / owns a portion of / pays referral fees to this TC company.

The cost to rehab these homes are not that expensive as many adjusters calculate it to cost but appraisers will hit you with a lower price if it was flooded so need to run numbers to insure you are buying the property with enough room to discount to insure a profitable exit out of the deal. 

There is a fee to attend, $20 I think, or you can purchase a membership which is well worth it, since it gives you significant discounts at Sherwin Williams. 

I agree with that plan it does look like a pretty good deal.However I see some issues that you want to consider.First off did the guy give you any indication he is willing to take a $66K discount off his list price.

Don't discount anyone you meet, open houses are a huge opportunity to expand your business.Bottom line, open houses are great.

@Brandon Rodriguez, one cocktail napkin analysis would be to ask how likely you are to get a 12% ($35K) discount on an already good deal of a $300K property (or the appropriate % for whatever size property you are selling) if you take your time right now.  

Discount brokerages are probably your best bet.

If list price isn't at deep discount, it may not be worth it.

Most of them pay for themselves with one rental and if you play well enough they give you discounts.