If it's not in writing, it's unlikely to be true.Even if true, the seller didn't disclose it, so their ethics are questionable.

The last major thing I look for is work ethic.

I'm eager to meet and collaborate with fellow investors and industry experts who share my goals and principles.

Maintain good insurance, act ethically and honestly as best as possible, and keep good records and you virtually have nothing to worry about. 

So being conservative we would say you gain $46k in equity ($1.15m times 4%) plus cash flow (which I would argue is basically nothing after vacancy, repairs, capex) plus principle portion of debt pay down (you’ll have to look at your statements and figure this out).

I may be wrong in my understanding of the real estate code of ethics outlined in the Arizona state statutes, and everything else I've read regarding real estate transactions, but as far as I understand it the original agreement to sell is null and void due to the nondiscolure committed by the real estate agent/broker first in the fact that he signed the agreement to sell as the buyer, misrepresentating himself as the agent and stating he had a buyer/investor and Secondly because the agent involved should not sign in representation of the buyer but may only accompany the buyer to the signing (it was done through docusign, I signed first and then was notified that the buyer had signed and downloaded a copy, I didn't look at who the buyer was until just last night).

The same basic principle applies in situations requiring a gun only multiplied 10X: if you draw your gun you've already lost and if you're in a shootout you should expect to be shot.To address the actual question though "What is best, concealed carry, open carry or no carry?"

To that end, in most cases even if the properties are owned within an entity, the principles (investors) will need to personally guarantee the debt.

Since we did $0 we are assuming risk of the loan amount, but can afford to take a small cash flow margin while someone else pays our principle down.We are working toward A similar plan as you as I plan to retire from the Navy at 42-45 years old in 7-10 years.

Wholesaling really isn’t much of a problem with the larger, experienced and ethically run wholesalers.