These are the houses that these salesmen peddle at investor clubs in the high cost areas of the U.S. to gullible newbie investors who just read Rich Dad Poor Dad and are "wowed & dazzled" that you can get a house anywhere for $50k.  

It appears that wholesaling is much harder than the get rich quick seminar gurus would indicate.

I find it hard to believe that the rich/big corporations would open numerous accounts for coverage.

You don't get rich quick (or build cash flow quick). 

My main focus is Coronado which is the beach area where the rich people in Panama like to have their second home. 

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My personal opinion is that, since you are now targeting a very different audience, these properties ought to be segmented and treated very differently than your run-of-the-mill probates.Granted, there was a time when only the super-rich owned (and died owning) million dollar properties.

One thing that I learned many years ago was a lesson from the book Rich Dad Poor Dad and that is to work for free.

I did read two good books -- "Buy it, Fix it, Sell it" by Myers and "Rich dad, Poor dad".I try to tell people not to think too much.

The last 3 years, real estate has been a passion for me, ever since reading "Rich Dad, Poor Dad" for the first time my mind has been opened.