If you understand his formula, then deliver houses that provide that and your problems are solved, assuming you have enough margin for yourself.In other words, find out what he wants and needs, if you actually understand that, and you figure out how to supply that, you dont need to spend much time trying to build relationships, building a relationship will become almost automatic if you supply his needs and yours are met as well.I have had many newpeople buy me lunch, ask a list of "good" questions, but ive never yet had a wholesaler bring me anything that remotely resemble what my criteria, which are reasonable.

A lot of stuff that resembles MLM according to their refugees, though I'm not in the loop on what you have to do to actually get a cut of the action - I haven't meet anyone that did actually get a cut. 

Let me also preface this thread by saying that I currently have no deals in the pipeline that resembles this scenario and that I plan on consulting professionals before structuring this type of deals.

There are a few pockets that resemble North Park with beautiful restored homes, owner occupied, etc.  

I've never been spammed or drunk dialed or called for anything that didn't resemble financing.  

When the FJ is more than market value, the lender may set their "maximum bid" at something lower, resembling what they think is close to market value.....or they may just set it at the FJ amount, take it back, then sell it as a REO.  

I resemble that comment!

It may appeal to them or it may not.For financing I would shoot for something resembling an FHA loan - figure your down payment has to cover the commissions and closing costs. 

As @Zach Mitchell mentioned above you certainly could get an actual appraisal performed on the property  however unless you have it under contract just review the comparables that resemble subject project and have sold in the last 6 months. 

It resembles a Patch of Land for just Texans.