Hi BP Community,I’m looking into my first out-of-state multi-family partnership with someone that already has experience in the local market and connections to the operational teams required to make out of state investing successful.

If you find a sublet-friendly co-op and it requires an "All-Cash buyer", there could be a good reason.The points you mentioned regarding co-ops are valid but do not apply to all co-op boards across this market.

I thought it was obvious. wholesaling property requires a conversation with sellers contracting property and closing deals. 

If the seller accepts the offer, (contingent on appraisal[as per court approval requirement]), How should i proceed in the situation.

technically yes but I am not sure how realistic it is unless its a very large parcel. reason I say that is typically when you give up rights they will use them (for example oil well), which requires access etc.

You identify the problem (lack of deposit) during your inspection phase, then hit them with an objection that requires them to pay you a deposit at closing.

But you will still need to pull money from your duplex because they will require $175K for the down.

Multi family will require 25% down if you do not live it.

If you're licensed and acting as a fiduciary, you are required to use the TREC promulgated form or another form approved for use by TREC (ie TAR) unless the seller or buyer or their attorney requires the use of another form. 2. 

Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!