But I was more interested in understanding how the SF part worked.I really like the area where this park is located, I think it is about to get a lot stronger, and it has room to grow...if I can get it at a price that cash flows as is, when I get it to full capacity it will be a great property.

By playing with a variance of $10 (difference in the two payment amounts) in the Borrower's capacity to pay and earning interest for an additional 12 months, you earned more equity in security (15% @ ARV $25k) while they earned more equity in their home through both payment and improvement.  

Real wholesalers have the capacity and financial ability to close deals they tie up.

Your seller will need whatever documents that prove sufficient capacity, powers and authoity to pass marketable title. 

Based on that document, whose date is June 16, 2011, another person "proved" to the notary (down in California) and "proved to me (notary) on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity and that by her signature on the instrument the person or entity upon behalf of which the person acted, executed the instrument."

Sounds like you didn't have the capacity to carry the deal.

Ok , Thanks....I'm in Central Ohio , Median home sales price is $175k which is a 4br 2ba home.They're putting in a new free trade zone (About 40% of capacity currently) and the jobs there will pay about...$13/hr or so.So our method of thinking is : $13/hr * 40 Hr week * 52Wks / $2253mo Gross income.

But to get equal heat, you have to divide gas furnace capacity but its efficiency .

Although I have a background in construction, it has never really been with the focus of investing nor has it been in the capacity of a general contractor, so as far as costs and managing subs is something that I'm looking to get a better handle on as well. 

@Lisa EckmanIn my opinion, you should always have an attorney to represent you (the Lender) in the capacity of drafting documents.