First understand, the guys on You Tube that are popular, state in their YouTube videos that they spend between $25,000 and $50,000 a MONTH to get the numbers they are talking about.

Wholesaling is a common entry point for new investors.First understand, the guys on You Tube that are popular, state in their YouTube videos that they spend between $25,000 and $50,000 a MONTH to get the numbers they are talking about.

Let’s look at Indianapolis IN; (not my market, just using it since it is a popular place)  https://www.redfin.com/city/9170/IN/Indianapolis/housing-market for a median price of $250K That's the range you want to start out in, as a beginner.Then we assume 35% of ARV (After Repair Value) to do the rehab, holding costs, sales costs and profit.

That's not even getting into the used car salesman level lies they tell their customers to push them to a deal. 

In my opinion this promotes bad customer service because the PM's only have so many hours in a day and very little support.

The implementation is not contributing to the popularity.  

Some move equity from a Bay Area property into more affordable markets (some mentioned above the Midwest is popular) using a 1031 exchange, deferring capital gains tax while trading into higher cash-flow areas.

The financial models those groups use are customized to the philosophies of the group because having a one-size-fits-all model creates too many options.Some groups have lots of fees, waterfall returns, and even different waterfall returns depending on how much a person invests.

Generally the midwest is very popular right now for brrrr deals.

And maybe lose other customers/sales.