Is it more cost effective and worth the time and effort to structure a business like this as opposed to just trying to wholesale in your local market?

  ( with the exception of the GoZone that was a brilliant play)

He's mad because he spent a lot of time, effort, and money to become a realtor to make a whopping 3% commission, while wholesalers don't waste even a fraction of the amount of time to make $5k, $10k, $15k, $20k, or more per deal.

Thank you for reaching out @Dylan TanakaI have recently slowed down on my efforts due to lack of time with work.

We have an active effort forming a lawsuit to fight it...and I am keeping my places inspection ready so I can comply if we lose. 

Let's face it, most of these TKs are not brilliant investments. 

STRs should cash flow but they are high effort and regulations could impact that cash flow significantly so there is a certain risk.  

The investors do this in an effort to have the tenants pay for their own utilities...

"- Secrets of the Millionaire Mind.

If you have not done a rehab or fairly new, I would take a closer look to make sure on the cost of a rehab.  119K + 40K + 9% for closing 180K (16K) = You make nothing for your efforts at $180119K + 40K + 9% for closing 200K (18K)= You make 20k for your efforts less interest9% closing covers a realtor, misc. fees etc.