Depends Stinson, but if you have the ability to market to such sellers and get them under contract for good spreads for flippers, you could certainly wholesale them and the advantage is that your "all cash" buyer only needs cash in excess of the sub2 loan so there is a benefit for your buyer as well, thus creating a potential for a tad larger spread on your end.If anyone does get such deals they would like to wholesale, please contact me, I could be interested, but only for flip opportunities, no buy and holds.

A BIG FAT COMMISSION CHECK.

But now, I really have no desire to get on my fat belly and crawl under a house or to walk on a roof where I might slip and fall and hurt myself.

Some discussion of how lower class properties can generate expenses in excess of the 50% rule of thumb would probably keep people from making the mistake of using this technique as a catch-all even though you qualified this at the beginning of the video5.

My parents rent out 5 excess parking spaces at a duplex they own next to Eastern Washington University. 

They got offended and bought the house down the street.Moral of the story: Pigs get fat... hogs get slaughtered.

Undoubtedly with an eviction you'll be refunding their excess after they move out - but then I'm guessing a California eviction takes some time and you'll be holding onto the cash during that time.

Operating expenses also include advertising, management (even if you do it), entity maintenance, legal fees, evictions, court costs, damage done by tenants (in excess of the deposit), utilities paid by the owner (at least during vacancies), capital expenses (not technically an operating expense), etc (I could go on and on).

That sounds excessive.

Most likely it does, to an extent, it makes most people fat, can promote unhealthy conditions or habits!