Has anyone done this with Bob Diamonds and did it work for you?

Like @Larry T. said most wholesalers are not very good, but just like any trade  you will find a diamond in the ruff where you have a good wholesaler.

Anyway, ability and willingness to assess and act quickly may get you the occasional deal but I consider something like this the rare diamond in the rough.One final point, I also tried to partner once on a rehab since it seems that can be where you oftentimes find your best deals.

Ethan Sonnichsen I would call your local Mitsubishi Diamond Contractor and ask for a quote on a split zoning system.

It has been getting increasingly harder to find those diamonds in the rough to cash-flow as well, but depending on the deal you find you may be able to have a little cash-flow above all other expenses including the large mortgage. 

I've looked at mainly MLS, public deals and in less savory areas to hopefully find a diamond in the rough that with a little reno could fetch a good rent.

I could do a lot more if I wanted to venture into some of the C and D neighborhoods in Cincy but I will wait to find that diamond in the rough closer to home in a b to b+ neighborhood.

The hard work was done in advance of leveling the cement floor with a 7" diamond grinder and a lot of dust!!!! 

I have a few questions on the chapter I just read, chapter 7 "Is it Really a Diamond?".

It would eliminate the need to find those diamond deals..