I don’t see how he could simply independently come up with such a high price without discussing it with me first. 

They likely do not have access to those easier sources of capital though because of their shady business history and practices.Good investors do not need your money or partnership. same s**t to syndicator as well, if they do lot of marketing, run away ..... chase syndicator that doesn't need new investor lol

I just don;t see the demand.

Just because the information is not as readily available online doesn't mean there aren´t people (agents, builders, notaries, accountants etc)  and resources that can prove to be invaluable. 

So that’s what I was simply saying was a moot point on the front end discussing with a seller.

I'm assuming it works by using this non-refundable EMD or they are simply daisy chaining.Ultimately, how can end buyers be most protected from fault of the wholesaler or property owner? 

Out of state seems harder to break into simply because I'm not there - maybe Hoboken /Jersey city or further like @Eric Hajdu mentioned are better places to start.Out of state is not difficult to get into. 

I find it easier to work with people and let them know the boundaries they have to operate in with their pets than to simply say no. 

I just simply still want to service my accounts here on Long Island so I would probably stay at my moms house for a few months out of the year.

Or simply to help the other LLC pay for expenses?