Be sure to fully disclose your role in the transaction, and consulting a local real estate attorney is highly recommended to avoid any compliance issues.

I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

A lot of people come on the forums and ask "Should I become an agent so I can more effectively invest?" 

He used a gator lender to put in the money needed to finish the transaction.

This is because the financials of the condo project will directly effect the value of the real estate as a collective, as compared to just your financial health on other types.

Quote from @Rob Williams: Hi everyone,I’m looking for advice on effective ways to connect with private investors locally interested in senior living land development.

I’ve only completed one wholesale transaction before I started flipping.

TIAIf you have an electronic record (bank statement, credit card, accounting software, etc) of the transaction the IRS doesn't require you to keep receipts unless it's a cash (took real paper money out of your pocket) transaction for $75 or more.

Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly. 

The thing that some sellers are having trouble with is understanding that this is now a variable in the transaction where it use to be somewhat set at the beginning of the transaction.