So if you have connections to influencers, television, athletes, producers, and musicians that could make use of a higher-end property consistently, you may have an advantage.

When you're looking for comps and value, how much of an influence is there between proximity to the house you're looking at, the property specs, and what you can do to it? 

It's pretty bad that when I want to search on BP that I have to go to Google to do it....Plus...There is a ton of fantastic blog content that needs to be way better organized and indexed so that the many great influencers on BP, like @Russell Brazil , @JD Martin , and Alex can help steer new members to the already existing fantastic content. 

A wholesaler who intends to double close will indeed be purchasing the property from the selling institution, and as such, will need to have the funds to complete that transaction.Therefore, the buyer should have the same proof of funds that any REO purchaser would have; the addition of a second contract to the end-buyer has no influence on the necessity of the wholesaler to have proof of funds...and those funds...available.As for simultaneous closes, that's a different story, and I don't know enough to support a claim of legality nor illegality for those types of transactions.

If you're looking for appreciation, the two strongest influences on demand (and appreciation) are population and job growth, so monitor those.If you're looking at which markets are volatile, that is impacted by many variables... population growth, job growth, job/industry diversity, local politics/regulation, development etc...Example: San Antonio's economy and job market is really driven mostly by health care and aerospace. 

I knew just from your posts that someone was influencing you for their gain. 

Also, the amount of debt that is added to the deal (a 50% LTV is typical) will influence your return from appreciation.

SFR values can swing pretty wide because there are SFR owners who are not investors influencing the market.

Ma & Pa investor don't know how to work the market (which has volatility, "flash crashes", hacks, hedge fund manipulation,) and plenty of outside influences outside of their control, that limit their growth.

Your area, jurisdiction and the political flavor of your courts influence whether or not an LLC is right for you, so see your attorney.