Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

After saving 15% for vacancies/maintenance and all other expenses, this property cash flows $23 p/mo and a 0.48% CoC ROI.  

After that, we are looking to buy maybe 1 or 2 more SFH this year. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

You could also engage the services of a buyer’s agent.

CA has the highest sales tax rate in the country.

There is not a taxable event to you on the sale.

My question is: when wholesaling, after finding a great deal, do you need real proof of funds to the get the property under contact or is there a way to get it under contract, find a buyer and complete a double closing/assign the right to sell without actually having the cash for the property? 

You are essentially doing a partial sale of your home.

This allows us to 1031 exchange post-sale into a new deal, compounding cash-on-cash returns and deferring capital gains.Let me know if you’d like to discuss further!