This would be historically speaking totally normal in the RE cycles respect. 

Something is expensive for a reason so is something cheap.First, we're approaching the later part of a RE cycle so almost everything is expensive and over-priced.

., they ALWAYS have an excuse as to why they can't pay it on time, but the recycle bin is continuously full of empty Colt45, they always have enough cigarettes, and there's a different car in their driveway every couple months.We got $250/mo. over market rent when they moved in, but because S8 doesn't adjust that often, and the condition, we've been denied twice to increase their rent - and are now almost $200 below monthly market rent.

Hybrid Offer When your intention is to “Control and Roll” (flip, resell, recast, wholesale, recycle, etc.) and the seller is stuck on a higher price than you are willing to pay, make a hybrid offer.

Also in our jurisdiction, garbage/recycle must be in the name of the property owner for multi-family properties.

The HELOC gives you the flexibility to recycle money.  

Creating an LLC to form a magical bubble around this "ASSET" that you intend to milk dry is not an LLC.  

Trying to stay patient and think long term but do not want to miss opportunities to pay down a loan or cash flow recycle.   

So this is kind of recycled old technique, and if it becomes real popular and there are enough defaults, Fannie/Freddie, VA, FHA will crack down. 

Also you have to be aware that some of the "wholesale" deals were actually purchased off MLS and just recycled with that marketing term.