I ask all of my first time investors to watch the revenue reserve movie.

I actually enjoyed it so much that I have stayed with it all these years.Contrary to movies real events happen super fast in a matter of seconds to maybe half a minute or so.

When you can drive down the road and point out all the houses you've been in because you've toured SO many properties ... you know you're a real estate investor.When after a night out at a nice restaurant, before heading out to catch a movie, you stop at the local Home Depot to pick up materials for tomorrow's project ... you know you're a real estate investor.

Those old homes probably need $5,000 each of work to sell them, so that erases any possible gain from sale, so that number is not $80,000 but actually $0.So the profitability of this deal will be contingent on you filling up the other 4 lots and raising the lot rents farther over time.Going to the end of the movie and working backwards, this park at 100% occupancy and rents of $295 five years from now would be worth maybe $450,000 (that's assuming an expense ratio of 40% and an exit cap rate of about 9.5%).So is it worth all the effort to rehab and sell off 17 homes and contend with all the deferred maintenance and private sewer?

Given my horror movie fanaticism I half expected something to jump out at the camera. :( 

After one month of no contact i would have flown to atlanta and knocked on his front door to have a chat... ever see the movie Snatch?

That's the way contracts work.For example, real estate contracts don't specifically approve my going to the movies on a Saturday night, but that doesn't mean I can't.Wholesaling involves purchase a property in one transaction and selling it in another transaction.

These people promoting it look like they don't leave their parents basement and porn hub.

Think of how many times you saw a movie and thought it was good, but read reviews saying it stunk?

I like good books, good movies, and great music.