Quote from @Ibrahim Mansaray:  Hey everyone, my name is Ibrahim and I’m new to real estate — just getting my feet wet in wholesaling.I’ve spent the last couple months learning the basics, building my knowledge, and putting in some work.

James you have some basic misconceptions: listing is a marketing job, not a sales job.

Quote from @Vincent Zhu: So it seems the real trick is to find the hidden gem and then polish it? 

I suggest you spend some time learning basic rules about liability, entities like LLCs and corporations and basic business taxation.

The method that currently works (as of this post, not as of you future-people reading this 4 years from now in the sci fi future year of 2021 when you have flying cars and the like), which is basically to make it fall under FNMA D.F.E. as technically an "all cash" (but actually financed) purchase in order to skip the 6-12 months seasoning requirement and compress it down to 1-2 months to recoup your capital while still getting an Agency 30YF mortgage, might not be around two years from now, and it was likely a different trick that worked back in the first podcast wherein someone invented the term BRRRR years and years ago (BRRRR wasn't new, but the name was, and outside of BP the term is regarded as a sort of quirky BP-ism, and one of the ways that BPers flag themselves to the old-timers).At the end of the day, the Golden Rule applies: she who has the gold, makes the rules.

Basically though I think @Jay Hinrichs is right

"I focus on working directly with property owners by becoming their last tenant — basically combining the role of tenant and property manager into one.

That means a fraudster could use a fake voice that sounds exactly like your real estate agent, lender, or title company — all to trick you into sending money to a fake account.Here’s how to protect yourself:     Never trust wire instructions sent by email or phone.

Obtain broker/salesman licensure - because it makes it easier to collect a fee for putting a deal together and for the basic education taking the course 2.

Basically it is a way for PM to increase their fee and it hurts owners.