Once inspected and ready to move forward, the purchase agreement (seller+me) and assignment agreement (me+buyer) are both sent to a titling company who then handles the rest of the transaction.As far as them being vague I’d assume that’s a terrible wholesaler and go find another deal with a wholesaler that you can communicate effectively with.Im also curious as to why you need a private investor?

It's a terrible investment.

It seems that others disagree, but I've found they're not terrible as a starting point to weed out obviously poor-performing vacation rentals. 

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords. 

So an investment that's great for one will be terrible to another and vice versa.

Terrible! 

They look like terrible terms to me but im not sure, first time using PMLs

@Jonathan Rivera we've taken over management of 100s of supposedly turnkey rental properties.Two biggest issues:1) Turnkey PM sevices were terrible, hence why we got hired.2) We do a TakeOver Evaluation Video that ALWAYS shows subpar turnkey work and not uncommon to find work that was never done.So, we recommend owners find a beatup property and have it renovated themselves.

Therefore, you anticipate it will be sold and you will get back your $10k.You can do several analysis with this NO APPRECIATION assumption.The normal way people do their Cash Flow Analysis is that they make the assumption that the Cash Flow NEVER changes.... by the way, this is a TERRIBLE assumption because it ALWAYS changes.The reason why they make that assumption is because they just don't know how to calculate with ease how to take into account fluctuating Cash Flows.In this snapshot, I have 2 Scenarios.

A bit tight but hardly terrible.