The float and timing difference between getting your paycheck and drawing on the HELOC to pay bills is nominal.

I'm hopeful that if purchased, I can convince the previous owner to vacate the property (I've done this twice before by paying a nominal amount of cash and getting a release). 

@John HornerThe cost is nominal.

I felt sorry for them.In MF nomination there was another couple that presented a 30+ apartment complex with NOI of $160K/year.

I do hope that fee is indeed very "nominal"... ;)Thanks!

His strategy sounds pretty good, because the people are calling him; he knows the max he's willing to pay, so he's not wasting any time with those that are out of his range, and if he expends a nominal amount of time, and even makes just $1000, it's still profit, with minimal energy expended.

The wholesaler will pay the nominal fine (probably get a "cease-and-desist").

@Gregory BeatyIf you go to a REIA, there are creative REI brokers there.Got to negotiate a good deal, say first 5 deals, then next 5 deals, etc.If they are doing next to nothing, you doing all marketing, all negotiation, all legal, all as a PRINCIPAL, (sub2, lease w option, lease purchase, wrap, land contract, etc), it should be nominal.

When paying for something, even if its a very nominal fee, we take it more seriously. 

The nominal coaching fee will be recouped quickly in the deals you land.