I only read the title of the thread and this is what i think it is:
Find expired or about to expire domains related to, possible, some local businesses and offer them to those businesses for a commission!
Now i will read this and see how much i can embarrass myself! LOL
YEAH..i was wrong...but his strategy is rehashed BS...
1. Buy domain - local business
2. Put some content on it, build backlinks, rank it
3. Sell it directly or through flippa!