And many followed.What your describing in virtually every state would require a RE license to do it legally even if it was one home....

how would i know when he closes a deal, I'm doing this virtually so I'm not present in that county. i am helping him out just want to know if theres any type of software i have to use just so well be on the same page or how would i know he's not screwing me over, would we just verbally agree to something and he pays me or??

This is usualy all virtually and done quickly. 

Something like a foundation issue and/or serious mold could make it virtually worthless.  

I look at it like the property is a little machine and in the begining it'll need to repair itself so it'll run a longtime later.just my 2 cents, I'm still trying to figure all this out as well

It may be different in your area but around here, the companies generally pay between 75-90% after first deducting a set amount per machine per day.

That's how the machines do it to sell you buyer's lists they provide.

Hey Brian, you'd probably want to check out virtual wholesaling.

L/O are not cash flow machines generally because a seller isn't going to be walking away allowing someone to simply manage a duplex and pull more out than what his alternative would be.....getting a manager.

And I want to do more of these virtual wholesale deals.