They cannot lower the rent any longer as it will not cover their monthly loan obligations.

Ultimately, I'd like to get to the point with investing where I don't need to have a full-time corporate job.I look forward to meeting people on here and gaining the knowledge to become a very successful investor. 

He has since informed us that it would be too difficult for him to accomplish and that offering him a present would induce him to do what he's already legally obligated to do.The problem is that we already have a seller lined up and this is the only thing holding up the deal. 

Anyone have any experience with marketing to corporate renters?

What's next for you now that you're transitioning out of the corporate world?

My name is Tim Wadsworth and I am the co owner of Anderson and Wadsworth Corporation.

You could potentially be liable as an individual, without the protection of a corporation/LLC, and without the benefit of insurance coverage.  

If you bought this yourself and are not a corporation then I think this 20% would be income that could be taxed.  

It took me over 15 years working in the corporate world to come to that same conclusion so congrats on getting their sooner.Here's what I will tell you....wholesaling is a sales and marketing business.

If he is a sellers agent and the seller has decided not to play with you any more he may still be obligated to keep you on the hook as long as he can.... because it is in the best interest of his client.