Most of the time when they call themselves "wholesaler" I tend to roll my eyes and move on:) That appears to mean "new", "inexperienced", and "no money" in most instances. 

@Katie PhillipsI would be careful posting stuff like this as it appears based on what you wrote you committed mortgage / occupancy fraud if in fact you applied for a mortgage as it’s your primary residence and never lived in it and used it immediately as a rental. https://www.washingtonpost.com/realestate/a-little-lie-on-mortgage-application-can-cost-you-big/2015/06/30/2e2dcff0-1e6b-11e5-aeb9-a411a84c9d55_story.html

While multi family and new built luxury high rises might be going down it does not appear to affect more desirable properties that offer more space, amenities, better locations.I am in South East in a desirable area.What is your take on rental outlook?

This very credible methodology appears to be doable in every market. 

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As a side note, how does the listing appear?

Interspersed on and around this several blocks are four boarded up properties that at first blush appear to have potential.

Sufficient to say, the mobile bank software may not accept it because the signature line appears black.

If I hadn't appeared very focused on desiring to buy his home, his next call was to a flyer he had received from another cash buyer. 

(They are doing the BRRRR method it appears).