I’m a contractor with vast experience in Rehab for investors, large funds and banks, Timelines are always under calculated.

The US is vast, is this the only market you can find the cash flow you're after? 

People vastly overestimate the amount of time that it takes though to manage a small portfolio of buy and hold rentals.

those that do it in Oregon ( which its totally illegal to do the contract assigning thing without a license.) to those do it say in big rust belt cities the deals are way different. the west coast folks tend to be the only one in the transaction. out in the east you will see 2 3 4 wholesalers on a single hud.. and of course the vast majority is inner city urban core stuff which is very much undeserved by mainstream brokers  IE they dont want to go there for fear of safety etc.

@Heather Thuli I would start with the VAST amount of free resources available to you.Listen to the BP podcasts on wholesaling.

I think the missing piece is you can go through the motions but the vast majority of people in real estate is missing the “it” it depends on you as a person and what your strengths are.

Real estate is so vast with many niches.

Just to build on what you wrote, many OOS investors don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That all of these Classes are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with enough attention from owner and/or PMC (do NOT hire the cheapest!)

But the area is vast and for example being on the east side of Kensington Ave is very different then the west side.

We invest here for the cash-on-cash return which for the vast majority of our properties is infinite since we were able to BRRRR all of our money out of the deals.