For example over the last four to five years a lot of people went out and bought STRs thinking it was going to be a great investment only to find out that the numbers did not work a year later and needed to try to use it as a LTR to make ends meet. 

It’s great to see people with an eagerness to grow in real estate wholesaling.

@Basit Siddiqi Thank you for the information. 

Ironically people that tend to be good with reno projects don't tend to be so great with money. 

Purchasing a “distressed” property and “repositioning” it requires significant capital for improvements, build outs, holding costs, maintenance.In looking for that “needle in a haystack” slam dunk great deal you’re competing with very knowledgable, greatly experienced investors with the cash to make no contingency offers and close in a few days.  

Tons of information on here about that, again also passive pockets and one of my favorites who puts out good info is Alexey on linkedin (google him you will find him)3.

Quote from @Zachary Deal: @Shawn Ackerman and @Ericka Parrott Have great advice here.

An agent can represent a seller or a buyer even if they don't own the property, but they have to have the owner's approval.If the "seller" doesn't meet deadlines, it's probably a wholesaler who is having diffculties of some sort with the actual seller.So, either I misunderstand what is actually going on, or some information has not been conveyed.

It sounds like a great idea!  

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