I do need a property that is not very expensive, which is why I have been looking into Clevland due to their low selling prices and high appreciation rates.  

I have not paid retail for RE in many years and would not in my high cost market (average SFH is ~$1m).  

We make sure to do the work to a high degree.

I expect 30% turnover in a given year, but have seen it surge as high as 48%.

I highly recommend managing it remotely if possible.

Provide copies to all parties involved.This project-specific agreement works well for one-time jobs, but if you plan to work with subcontractors regularly, I highly recommend having an attorney draft a Master Services Agreement (MSA) for your business.

You could easily be $100k in for water/gas/power/sewer if you’re talking 4+ lots. 

To close the loop on this story, we hired Rick Dempsey (who was fantastic by the way, highly recommended if anyone needs a MA-base SE...Matt Kelly, we really appreciate that referral!).

Your situation is a little more complex than most people and I highly suggest you consult an attorney. 

Hey BP family, I'm currently trying to help out a family in need from having to foreclose on there property by taking over subject to, it has a high interest rate although the entry is around 20k I want to wholesale this ultimately Is it possible for me, to disregard my initial assignment fee to get a buyer asap and add a 2nd lien on the property as my fee?