Then, accumulate profits from those two lines of flips to generate a third.Now you start buying rentals from your profits...every time you flip those original 32 houses...over and over again.The secret is to NEVER spend your money...only use it, as many times as you can....and then, compound the use of the profits from the houses generated from the cash you never spend.

My most recent experience however, is that my competition  seems to be secretive and not willing to share information that could be beneficial to both of us in the near future.

I wonder though for anyone with a larger number of units, if the effort to purchase 4 and under rental units is any different from that of 5+ units.

The $500 flat rate sounds right to those who will only give a name and number so the effort is worth the $.  

I'm taking some time to learn the business in an effort to avoid the "crash and burn".

This usually just simply means someone went to the effort to place the property in a trust, to avoid probate upon the owner's death, at sometime in the future.  

How much time and effort am I prepared to dedicate to this?

Does all the additional cost and effort lead to a higher sales price, though?

@Chris Smith, with all due respect, it sounds as though a lot of your time and efforts are spent in the lead generation business.

I guess it would take someone actually hitting the tab on the BRE site and turning in a wholesaler who lets say had a website showing homes they did not own.. or had craigslist adds. etc.quick check of country records would probably verify who owns what..but then again... it takes time and effort and you know people.. unless you really piss someone off probably nothing will happen..