I can understand your frustration and my suggestion is dig into the complaint which is the center of attention and understand what is alleged and if it has merit to understand what is going happen there.  

. - but beyond that @Arnold Oh, consider the merits of investing your available cash in fewer properties to own them free and clear versus using your funds as down-payments and getting loans for the remainder to thereby obtain more properties.

I know there's sometimes a bit of debate about the relative merits of pursuing the license.

Both procurement options have merit, but if he conducts purchases I'd require receipts if you have reimbursement in your contract.

The comment about appraisal has merits, but again the task here is to sell at or above market price.

I realize you're speaking specifically to the merits of wholesaling in King County.

The fact that you need funding doesn't affect the merits of the funder here.

Given the issues, does the opportunity have merit for an investor?

There is some apparent merit to this view, since these three biggest nationwide housing booms all included very low interest rates.But the market reaction to interest rates is hardly immediate or predictable.

I don't know all the facts of your situation, but it may merit some research.