That's actually a good thing, as the ones who do get past step one are probably the cream of the crop

Since he provide the financing, he wanted the cream of the target market.

Partner with those whose strengths offset your own areas of weakness and vice versa.You sound like a sharp guy so Im sure that once you think thru the possibilities and upside of partnering on some flips and holding the cream of the crop, lights will go off.

And during the marketing process I get a ton of interest which means I can pick the cream of the crop.* Rigorously screen prospective tenants.

And the whip cream on top is any appreciation you have in house prices.  

. ;-)You are both right it has been proven (Source is unimportant) that Yellow letters are most effective when received +/- 24hrs of a Crescent moon and Postcards when +/- 24hrs of the Full moon.In an instance of a Blue Moon you want to make sure that is when your "Bulky" mail in a handwritten invitation envelope (Some debate over "Cream" or "Ivory") should hit.

I'm selling my ice cream business and looking to  flip houses with other money or learn anything new that can make me some cash to go fish and surf!

I was thinking the same thing about the whole area near Lola, little Man Ice cream, Linger all the way to Gaetanos on 38th

Tell me about it Mike... its nuts lately.I have many qualified borrowers Im working with that have a hard time right now.I've been adjusting pre-approval letters on each offer with RE agents to submit and still no acceptance.The sellers just have a lot of choices to pick the cream of the crop.The good thing about the market is it allows sellers to unload (as an investor) their properties at a top tier price.For the buyer/borrower it sucks since its frustrating offer after another.As a banker its frustrating because sometimes we enter escrow then we fall out because of entering escrow at a price too high to appraise for and then we're back to offer after offer to try to get back into escrow.With each challenge there is opportunity though.

I get the feeling these properties are what is "leftover" once the cream of the crop properties have been hand picked and purchased.