Obviously W2 income is crucial for procuring a loan.

We have exhausted most options to procure creative financing to make both deals happen in a fashion that suits his needs/ability.The basics are as follows and use conservative numbers given our local market and overall market volatility:Sale of contract priced at $209kEstimated repair costs $70k (The client is a recently retired contractor and was planning on doing a 75% gut and most work himself.

And as I mentioned I’ve procured tenants and managed properties for dozens of investors over the years.

The Kmart analogy doesn't fit in my neck of the OH woods by a long shot, can't speak for all other areas of the state, but Columbus is far from the only hot game in OH it's just the one that the lollipop du jour crowd is parroting about currently.

We intend on procuring phone numbers and emails, then calling them (with a VA or with slybroadcast), texting if they don't respond to calling, and putting them on an email drip.

In all 50 states it is illegal to get paid for procuring a buyer or seller for a third party and all wrapped up in this is also referral fees.  

All above are solid ,if you’re looking at wholesale deals ,you need to be on Parrot properties ,Mainstay properties,Bob Hinrichs e-mail lists also .All good people ,most close on their own deals ,so at least you know you own the property if you buy from these guys .You still need to do your own DD ,no excuse for not doing that.Disclaimer I have bought from all of above,except Nuparadox and that’s only because I had to many houses /problems When they had something I wanted.

There is a matter of compensation, procuring cause etc etc.  

The cons are that the buyer pool for leasehold hotels is smaller, leasehold debt is tricky to procure and you will need to pay attention to items like the franchise agreement, access agreements and easements, etc.

A parrot for emotional support?