No skills necessary to buy and hold.advanced sales skills needed to wholesale or assign contracts a little factoid that podcasts and guru's leave out.I have owned 4 real estate brokerages over the years and as you know.. not everyone can be the otp producer.. and fully 50% of agents don't make it past 12 to 18 months no doubt about that.with wholesalers your taking it to another level.. they usually have to spend a good chunk of money that they may or may not have.. they lack basic sales skills.. and on top of that not much real estate knowledge.. you add that all up and its not a winning formula.. then you have the collateral damage.would you want your mother or father in the hands of someone like that.. then you simply have the out and out scammers.. and believe me I have run into my fair share of them.. 

Don't waste time with the starters because 99.9% of them will give up and gets jobs when real estate does not produce results from sitting in your basement on the computer.

He would have to produce them.  

One note: Lowe's, at least, won't re-key a lock unless you bought it there and can produce a receipt.

Do not pay the fee unless they can produce the bank statement that shows the cancelled check fee.

They produce great trainings and I've made some good connections their too!

Patience is the key to make sure you find the right property that produces the return you are wanting to achieve.

To put the numbers into perspective the first property calculated NOI based on a 40% expense ratio (somewhat low) would produce a annual NOI of $3720.If you assign a 10% return to the equity that still leaves a return on the property itself of about $1350/year.

So I went after the area that would produce safe results but still results that would beat my other investment options (stock market). 

Personally, We DO NOT and WILL NOT pay the seller for income that you are going to have to produce - in other words, paying pro forma for the property, as many sellers expect.