I think I may finally understand why - based on my experience. 

Thank to everyone who helped me understand this situation better.

It is my understanding automotive repair requires a special permit in many towns to operate due to the nature of the business.

I realize that these are very deep questions, and something that I may not get all the answers to on BP (vs face to face), but I'm hoping I can learn over time and as well participate here, and really start to understand the data of commercial real estate. ~ Matt

Trying to better understand this process to see if it’s something for me - please feel free to share your success stories too!

But when I worked out my numbers, I think I had to many questions on whether or not I was understanding the strategy correctly and doing the math properly to jump on it so quickly.  

You DO have to understand the process and be well-educated on what's going (your market, costs of the renovations, etc.).

hello everyone,i have notice that the market I am in os pretty hot right now and wanted to know everyones take on virtual wholesaling in other states and possibly how to get started doing that and understand what the starting point should be?

It not impossible but understand there are dozens if not hundreds of other flippers out there who can estimate rehab and ARV just by looking at pictures and if they haven't already paid cash for the house, than it's probably not a good deal.

New landlords do not understand that their number one priority is in training their tenants.