We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).

If you're looking to scale quickly, putting the least down on cash flowing assets and buying as many as possible is the way to that path.

OK so your agent did send the mutual release and return of EM to the Title company requesting they forward to the seller.. is that correct ?? 

Have 2-3 contractors look at the job and get written estimates on what it's going to take to finish the job, correct the mistakes, pass occupancy certification etc. use those estimates in your countersuit / mediation process. 4.

Asking in the correct forum will get a better response.Read the RULES!

Hello BP,I've been working as a Gov contractor providing Cloud Engineer services for a while, but my true passion is commercial real estate. I would like to branch into commercial leasing with a government client nich...

Yes, a rule of thumb COULD eliminate a good deal if not applied correctly.

Calling this cash flow is correct, but also causes confusion when you shift to a tax discussion.

In our trade, I would not expect any owner or GC to get this correct since our industry is extremely specialized.

And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.