Mattie CovatchI like it best when tenants pay for their own utilities directly from the provider and I'm not the middle man or service provided.All of my tenants pay for their own electricity, their own cable TV, their own satellite dish, their own telephone and their own internet.

The title to the property will be in the name of the trust and as trustee you will be able to advance the funds, sign all the documents and thus you will eliminate the 'middle man', reduce the operation cost and be in total control. 

In that case yes there will always be investors willing to pay more than you can simply because they are cutting out the middle man (aka you) by buying them directly.That is my issue.

i.e. more marketing instead of learning to negotiate better, or taking more time to find a less rational buyer who will pay more, or better financing terms to save a bit of expense, etc etc etc...

^Nothing that a rational person would have any reason to get upset about.

I have a small portfolio of rentals in Dallas, mostly purchased from good, reputable wholesalers, but I wanted to stop paying the middleman and source the deals myself so I could keep the best and pass on the rest. 

You want us rational and intelligent investors to stop discussing a certain method of investing because you don't like it?

I didn't get the impression that the OP was fear mongering.Just my opinion but I personally think a thread like this with rational, well reasoned discussion can help educate people (especially newbies) that the market doesn't go up forever and buying and selling cycles are natural. 

And the middle man well they usually have their dough and no personal liablity and could give two craps if it works or not.. thats reality on many of these and how its going to play out.This all works for the very well capitalized company that can handle these things.. and I am not sure in Texas if on the wrap you use an all inclusive Deed of Trust like I used in CA.. thats a great deed of trust it does give the wrap seller standing to start a foreclosure on their own while still making the payments.. it also precludes the slimy sub to buyer that may just take the wrap buyers payments and default to their seller I have seen this happen many many times and bailed out more than 10 of these.  

Love the rational to sticking with your gut.