@Rob CeeI very much agree with you too that at low levels most CF portals allow one to invest, due diligence does slide off. 

It really depends on what exactly you are trying to do and the banks level of comfort/familiarity with what it is you want to do.

So it comes down to comfort level.  

Lack of funds is just a high level excuse because the money will always appear if the deal is right. 

A minimum level of quality is important too and higher quality is obviously better, especially for flips.

As a wholesaler, you want to purchase the property (or get it under contract) and either assign the contract or sell the property to a 'rehabber' or retail buyer who finds the adventure of rehabbing their entry level home thrilling. 

He mentioned they have a flat rate prop mgmt fee and their rehabs are gutted down to the frame with all new systems installed and basic level trim.Neither podcast mentioned his last name or the prop mgmt company name.

A deeper part of my consciousness grabbed on to that and it started a tiny spark. 

A lot of less experienced rehabbers seem to like more entry-level, working class neighborhoods around the city like Beechview, Brookline, West View, etc.

But I can see your argument and Michael's, depending on the situation, being the right choice.Thanks for getting me to think deeper on this subject,Dave