@Shaniquea Fails I was just given a brochure for renting to “veterans only” through a similar program.  

Then make the tenant responsible for high water use if they fail to report it.

It was almost hard to fail.

Oh, and I trust God will provide.People got into real estate last year when the market was booming...and they failed miserably.

@Edgar Daniel gonzalezWith owner financing there are two types of sellers, those that don’t give a you know what and just want to sell and those that know owner financing; those that know owner financing (seems like this seller does) will want a large down payment to mitigate risk if you failing on loan.

If they fail to repair - or do it poorly - then I would serve a 30-day Notice of Termination.

Surrounds can be very challenging to install well if you have to cut them for the window, and that is typically where I have seen them fail as well. 

@Anamaria Ivan you said something very key “you have to add a lot of value to the customer” this phrase is what most newbie wholesalers fail to understand.

A property or some properties can't lose money, it is the management's fault, then you have to figure out why they're not doing their job then fire all of them and then look at how you can structure that property and make it make money especially if it's in a market where it should not be failing anyway. 

Just to be clear, the $25,000 is a fine for failing to submit your IRS 5472 form, it's not going to be imposed if you file properly!