I have also been propositioned twice in partnering in opening a recovery house, which I turned down twice.I am wondering is it my place to give my advice to either parties of this deal, or stay completely ignorant and strictly stick to just creating the deal?

I'm a newbie, so I must admit I'm a bit ignorant on either schools of thought in relation to replacement value.Mike

Unless you have some fairly ignorant buyers, it's difficult to wholesale off the MLS, as everyone else is already looking at them, and most will have resale time restrictions.

I'd approach every interaction (including posts on BP) without that bit of information in your mind and ignore it anytime he brings it up.

The blind offers will cause many agents to recognize your name over time and begin to ignore any offers from you.

I have been ignoring him because I am kind of scared of the unknown since currently I use HML and personal funds for financing.

I've no battle scars in the World War of REI just yet, but I'm not too proud to ignore solid advice.

It gets ignored.

I'm a little ignorant of good investment areas out past East Van & Burnaby but will investigate.

They sound plenty motivated but aren't ignorant enough to let you tie it up.