In other words, a wholesaler needs to find a deal where they can get the property under contract for an amount that is low enough that they can not only cut themselves in on the deal (assignment fee, etc), but also pitch it to an investor who sees enough profit in the deal to be worth it to buy it from the wholesaler.  

In a case like this often the brokerage/agents get a cut of that EMD that you would typically forfeit.

Significant AUM - like 1B+ (further cuts that list down)... but watch you don't get into something that's "too large".

Cut your losses counter offer and settle unless the amount is absurd.One of my lawsuits ran $150,000 in legal fees because I wouldn't settle for $2,000,000.

So it's possible that the assignee might decide to cut his losses and forfeit the fee amount he already paid in.Regardless of why this might happen (which is really immaterial), the questions I should have asked are:How frequently (percentage of a wholesaler's deals) does it happen that a buyer backs out of the assignment, andWhen it does, how successful are you in pursuing the alternatives mentioned in Dustin Heiner's article?

I have a feeling that as soon as the Fed does their first rate cut, the market will go crazy, expecting continual cuts thereafter. 

Vacasa takes a huge cut of the profits.

Name brands with solid balance sheets are generally a better bet, still one can't forget the big fall too, so diligence is just as key with big names and cut them zero slack.

Most who possess both attributes recognize its more profitable to simply build for themselves which leaves very few qualified builders for 4 unit ground up projects and those who are truly qualified have to be incentivized monetarily to take on such a build which cuts into your margins.

The Tax Cuts and Jobs Act (TCJA) of 2017 allows businesses to write off 60% (in 2024) of the cost of qualifying property in the year that it is placed into service.