I'm a newbie and even I can tell as green as I may be that this was insane, immoral, improper, and immature for any would be wholesaler to attempt thanks for the post.

Maybe you should get your license :)Your realtor's response about your MAO, "this deal is too big for you" is his frustration, anger and immaturity showing.

This kid works hard - they've bad a few immature decisions but we all do. 

Being, petty, immature, unprofessional, and childish is absolutely insane!

ucsb was my first choice but my dad wouldn't let me, said I would get in too much trouble (probably right in hindsight), I was too immature, maybe still am.I'm guessing there are a number of struggling renters in sub $1000/mo SM apts left over from when it was declared the peoples republic, along with super strict rent control, that would be happy to get a little extra income.There are no bad neighborhoods or cheap real estate within a reasonable distance of ucla.Now that I think of it, my daughter just got accepted into the Nurse Practitioner program at ucla. 

certainly not to make excuses for poor behavior; we as brokers and loan originators live and die by our customer service and referral business. but we are imperfect human beings. it could have been any number of things: personal reasons, immaturity, inexperience, ego... the list goes on. 

That's a lot of money to have vanish into thin air.Have you though about setting him up in a business, such as buying a 7-11 where he has to personally work and save for a year or so to get the down, and you gross it up, and he works/manages it (no skin in the game means a likelihood of walking off and abandoning it due to immaturity--which is why I say work for the down and save it)?

These people come across as extremely immature (which is challenging to screen for - they're in their 30s) and do not understand their responsibilities as tenants.

It is called emotional immaturity.

As a 20 year old, whenever I have spoken out about wanting to invest in real estate, I have been deemed "too immature" and not "ready" for this big step.