I think most capitalists dislike the government involvement in the finance market, but they procure these loans because it is a necessary evil to participate in the market.

If one or more parties are procuring the deal they should also be compensated for it.

The 10 days passed and no inspection we called numerous times and emailed and text they finally sent us a letter that allowed us to procure a 2 week extension on the sale.

We are working on our Wholesaling strategy, and are trying to fine-tune the procurement process.

Because he was the procuring cause right.Why would seller hiring a different broker invalidate any of that protection to the original broker?

I feel like I’m always following @Michael Wagner’s comments like a little parrot saying “I use ESS, too, and they’re great!”

No, you are just parroting bad information from J Scott.  

Procure lien waivers from general contractors and any subs throughout job.

We're also trying to think through the other implications around taxes, insurance, etc.Key Points:I have an informal business partnerWe both have LLCs He is a General Contractor that performs the work under his company nameMy LLC is in place but all of the properties are purchased under my name because I must personally guarantee the loansI handle all of the finances, accounting, permitting, deal analysis and all of the other desk jockey workHe handles day-to-day project management, hiring of the subs, material procurement and other GC activitiesProfits are split 50/50 with some adjustments made based on individual capital investmentsI essentially receive all proceeds from the sale of the homes and write a check to his GC company for the reno costs and his profit shareI have a full-time job with an income/credit sufficient to allow me to purchase homes to renovateHe formed his GC company ~1 year ago and does not have sufficient proof of income to secure loansI think those are the basics for what we are doing. 

I'd parrot the other suggestions for the en suite master, but possibly even cannibalize some of top right.