You eased my mind with your response.  

Ease of transaction, convenience, speed, privacy, etc all may factor in.So in closing, while I agree that a vast majority of wholesalers do it wrong (and perhaps illegally), there are some who do it right and while FL may be "cracking down" I don't see a legit argument for licensed vs unlicensed when it comes to the "stealing equity" argument.

Turning your first primary into a rental is a great way to get great rates and ease into land lording.

And this is for sure not the market environment to be doing that.

Kevin and I have been swapping some ideas on creating a fun and dynamic event, but we could definitely use some BiggerPockets SD member input.As denoted in the post about the event, I'm providing complimentary mimosas so you can start your Saturday off right, then ease into your weekend nap...Gary

@John @John Weidner you are correct -- hardwood flooring needs a conditioned environment (as does trim material).

@Jon Burns i have bought 5 hoarder houses this year.. all of them Extreme a normal human could not walk in the home they stunk so bad .. you have to wonder how the people live in that environment without coming down with any myriad of diseases .. for those reasons I think mold is totally over hyped these folks live in petry dish's surrounded by black mold and seem to keep on ticking.sure sign is when the living room furniture is on the front porch even they can't handle the stench.One I am working on in Lake Oswego right now.. ( and I wish i new how to post pictures on a website) we are 8 40 yard dumpsters and we can now just see the house... all of these the houses are beyond salvage.. all of them took a decade or longer to become this way.the folks living in them just ruin their asset.. we buy these at HUGE discounts to market.. as they are lot value MINUS demo cost then some. 

Imagine being in an environment where motivated and focused individuals are growing their businesses together through the process of referring work to others? 

Just the ease of setup.

This is the best time for BRRR investors ever (if you can find a deal w/ deep discounts or value add) because its a simultaneous environment where the values are really high and the rates are still relatively low (currently easing downward as we speak today).In 2011-2013 rates were low but your appraisal was crap low so good luck back then when trying to do BRRR because you won't be saved by the new comps that come to market after you purchased your property.