These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month. 

Typically when the listing is fully renovated, the seller has to get their money back out to pay the underlying loans whether that is a hard money lender or they need to pull out cash to move on to the next deal.  

We typically get these for our flips and/or B&H when they are under heavy renovations.

I have zero issues finding deals that work in my market (Detroit) and I have a hard time believing that the real operators in any other market are doing all that much different either.

Then, since they are now a 'legit' operation, they also will typically have their employees legal...meaning they have Workers Comp and a labor burden.

ThanksHey Dave, California is always difficult to operate in but Sacramento probably has the most friendly regulations of any major city in CA. 

In addition to the advice above, do your due diligence on the operators.

I know that typically there is a 5 to 6% commission in most Resi transactions.

If you are in Kansas City, maybe a little more optimism.All you as the operator can control is operations.

Hey Michael, my company isn't exactly a wholesaler but we operate very similarly.