They have one of the more unfriendly fee and waterfall arrangements for LPs and both Frank/Joe have made alot of money over the years during the ZIRP period. 

Fast forward and  what's now circulated normally shares no resemblance to the agreement that was originally prepared.

They DO charge the tenant fees and make money off payment arrangements made at the end of the lease term.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

Building reserves for emergencies and creating other contingency arrangements is also a good idea.When I retired I already knew that I had more than enough to retire because I had already been living more than 10 years exclusively on my rental cash flows and building reserves for retirement.

I attended a 2 day session for $1000 that was arranged through my local REIA.A complete waste of time and money.

My goal is simple: once we secure a deal, I buy directly from the seller with cash, and you earn a fee.Are these kinds of arrangements common?

Generally speaking, however, LTRs command more stable cash flows over time than MTRs or extended stay arrangements, and may be the better (and lower-maintenance) choice for someone just starting out.

Title should check to make sure there is no one else that might have a claim to the property if it's in a strange arrangement. 

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?