I did not introduce myself as the owner of the property when he arrived, but I did let him into the neighbors garage, where the furnace is.

I only wanted an ARV to plug into my wholesale formula to arrive at a price I can home under contract.

I set up an appointment with him for the next day and when I arrived he said that his real estate agent told him not to talk to me anymore.

That's what we were doing all of 2006, 2007, and 2008 when everyone else I talked to was investing in the stock market that was about to crash.

Its a good read and will essentially give you a crash course on one of the main staples of a wholesalers business which is finding buyers for properties you put under contract.In fact, the entire wholesaling forum would be of great educational value to you if you are a newbie.IMHO @ a very high level your wholesaling business should look like this...1) Market for wholesale properties.

Basically, no preemptive help or suggestions to prepare for his arrival.

My plans was to never be a landlord until the market crashed & I got laid off.

Just curious how you're arriving at that Appraised value...

How did you arrive at the strike price?

If I were less lazy I would reverse engineer the annuity to arrive at how much you can borrow at today's rates, but I don't know what your credit is like, your down payment will be, etc.