I advocate for STRs over LTRs in either property type for my market.  

This should be no different.Even the realtor process requires a salesperson(apprentice) to fulfill 2 years under a broker(trademan) before they can venture out on their own.I believe this would reduce quite a bit of trial and error and failure in general if this process was truly available to the investor community.I am a huge advocate for a mentor/mentee relationships.  

Another thing to keep in mind is the new commercial area developments a little further down on Welbourn by the new HEB by the Barracks, it is blowing up over there with a similar type century square vibe.

And it sounds like you're advocating more government involvement? 

(of course, these are all scenarios advocated by various people on BP.)

This blows up deals and leaves the wholesaler in a bad place.The chances of a wholesale deal blowing up are higher simply by virtue of the fact that there are additional parties involved.Wholesaling should only be done by sophisticated and experienced investors who are selling to other sophisticated and experienced investors.

BUT for devil's advocate.

If the wind is blowing the wrong way, move the chair so it's in the path of the wind.

I'm not sure what the second would be, maybe the brother-in-law licks his finger to check to see which way the wind is blowing.

Your accountant is basically advocating for mortgage fraud.