Worst Case Scenario

[Jason K Green]

In an effort to cover myself in wholesale deals, what are some of the worst case scenarios that could and have happened? I understand that, as a wholesaler, I would technically own the property being sold for 10-20 minutes while all the paperwork is signed. Has a wholesaler ever ended up owning a property for a longer period because the buyer backed out? What risks are the wholesaler facing?

Thanks in advance for your help.