Hey @Steve Saretsky, I completely agree and feel that any project needs to be a buy and hold with enough coc return rate that I can survive in the event of a slow down. 

I was told that once the spouse passes, the coverage is negated and the surviving spouse doesn't have any right to that policy.

Lastly, in my opinion, cash reserves are crucial as this is what allows you to weather any storm and changes in market corrections so you can survive long enough to see that appreciation.

Cashflow is like oxygen, you need it to survive.

I am also seeing what Rich mentioned way back in last year, where the bidder has no idea of what the loan position is, or what the surviving liens would be.

If the junior is foreclosing, the HOA and the senior survive.

The wholesale market is wild, unregulated and although I agree that someone who doesn't have a fair business practice would not survive for long, those bad apples effect the rest of the industry.Chris, if I thought that the person who offered me that property is doing something illegal or grossly unethical, I would exposed that person on this site.

If indeed it was the properties spoken of as 50% then Bill's suggestion will solve that as well as making sure that the surviving person is the beneficiary of the insurance policy along with a power of attorney for the business affairs in the case of death or other incopasitating injury.

I have had more than one probate deal where the surviving spouse was ready or needed to relocate or downsize, so I market to them too.Cross checking the court record with the tax records is the correct approach, but I would not waste time mailing to attorneys about particular cases.

Not everyone has what it takes to survive in the wholesaling industry.