It’s a guess based on having countless wholesalers contact me that are clearly coming out of some training but never able to produce a deal.

Money gets eaten up quickly as is evidenced by the countless threads on BP of people either hiring GC that doesn't have a clue or by investors running their own jobs.

After reading these forums, and countless people confessing lending is a secure vehicle to success.

I would DFD for properties I wanted to buy and also spent countless hours combing over the assessor website and using google street view to collect my list of properties.

These coaches typically just take money and then if the people fade out they have made coin on them etc.It's like J if you spend countless hours helping show people the flipping business and 1 out of 20 actually did something etc.

This is also what I have heard countless times many years ago in one MLM (Multi-Level Marketing aka Amway, etc.) pitch after another. 

When you look on the open market, I will bet that you can buy a completed home that is in move-in condition for $70,000.Of course these numbers are all picked out of the air, and I had no idea what your market is like, but as an investor that has rehabbed countless fire damaged properties, it is no picnic.

If this is your first time fighting this particular issue (sounds like it is) then you'll likely do both of the following: (1) spend countless hours researching the issues involved; and (2) come out on top, unscathed, and with an immense amount of new knowledge downloaded into your brain.In the future, if this happens again, you'll know how to proceed (if you fight it now that is).

If you have an aptitude or some background, Quickbooks is great and there are countless resources to learn. 

And countless others approach the task casually and fail because they don't have the sophisticated systems needed to succeed in a chaotic and risk-laden process.