In my opinion, when an investor uses alphabet classifications, B class should be areas that are above median value, median income, primarily owner occupant and in financially stable areas.  38127 as an area is primarily below median value, income and primarily rental properties and definitely an area challenged for economic development.With that being said, houses in this area are not valued at $170,000 to begin with so expecting $170,000 in appreciation is not practical. 

As to taking advantage of novice investors, only a very small percent of people who buy ANY real estate investment program at any price ever start trying to put it into practice.

If others already did this research or even put the refinancing in practice already (preferably in Spain), please reach out.Erwin

The idea sounds appealing in theory, but in practice it can be difficult to achieve positive cash flow with such a low down payment.

My question to this forum is, what's the best practice here? 

Looking for practical steps to take to maximize our partnership for the better.

Wholesaling is mostly about marketing and sales, so it will take a lot of practice for you to feel comfortable taking control of a conversation and closing a sale.

CA has brokerage exemptions, for real estate brokers, DF exempts attorneys from creating owner occupied residential loans when the loan is compliant and so long as they are providing an auxiliary service in connection with their practice, your attorney places your assets in a trust for estate planning and creates  note selling a home.

In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item). 

True , GC is like a teacher to subcon , but after years of experience , it is the GC that’s hands on , practical and having leverage.my GC guy would kill me if I hired his subcon and giving him 40 dollar per hour , for example , lol.GC and subcon is like manager and employee in tech company lol ….