The frugal straightlaced one and the challenged chaotic one with limited ability to recognize a con, more "friends" bamboozled him then I care to count. 

It is not typical for owners to collect their gross funds and receive a bill for your fees.

Hello World, I have been doing research on "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without contingency from a bank; i.e. hard money, private money or your own cash.

Wholesaling is a great option to diversify your toolkit of potential deal exits if you are an experienced investor, but I think you should always have the ability to flip the deal but decide to wholesale due to some other limiting constraints (e.g., not enough contractors, bandwidth, etc.).

Ability to pay, do they pay, have they saved?

Pet proof the place to be best ability. 

This friendship is already destroyed.When you do finally get them out, perform a walkthough and send them a bill for every repair that you do.

In this case, the advantage of investing in the US or Canada was the ability to leverage through borrowing at artificially low interest rates.

The ability to perform this analysis requires financial literacy and the capacity to underwrite the deal of your dreams.Therefore, the most direct route to a career in development involves acquiring the necessary skills and tools to accomplish the job.

The greater ability to repay, the greater chance of qualifying. 12-24-36 months of reserves are a common underwriting condition. - Two appraisals.