Most are small firms located in various places across the country, and provide services to clients in all 50 states.  

both.. some nasty marketing companies came to your countries and really put a lot of your folks smack dab into the hood... 5 to 9% returns are realistic over that your gambling and your probably going to wish you had just bought close to home

I've lived all over the country, and wife is from the south.

We have a wholesaling company and have a single onshore caller (who is a friend of ours), calling about 20 hours per week for the last month but she hasn't been able to come up with any good deals yet.

Perhaps the most landlord friendly state in the country with 15 day evictions.  

The only thing holding me back from wholesaling is that I am a full time cross country truck driver.

Many do this because of the policies and possible unrest in their country (generally).

This country and its economy is going to collapse.

And I agree...my results are right about middle-of-the-road compared to other rehabbers I speak with all over the country...As for the past 6-12 months, deals have been tougher to get, as there seems to be a good bit more competition out there these days (other investors); in addition, the past 3-4 months have been very tough with a lot of owner occupants scooping things up for more than I'd be willing to pay.Our ROI hasn't decreased in that time, but only because we're more selective in our deals and we've been doing fewer projects because of it the past few months.That said, we've been keeping pretty busy managing rehabs for other investors...

I love having all these differing opinions from different people in different parts of the country.