@John ThedfordI think that legal aspects not withstanding, to be ethical someone attempting to wholesale a deal would have to disclose by way of contingencies that his deal is dependent on flipping the property to the ultimate buyer (assuming that he won’t close without that), and not suggest otherwise by merely relying on other (weasel) contingencies.The wholesalers that intend to fulfill the contract and close the purchase whether or not they are able to flip the deal ( assuming any real contingencies are met), are real wholesalers and not disguised middle men.

You're one step closer to fulfilling all those reasons. 

If I look to areas that fulfill these criteria, such as Katy, Pearland, Spring, Humble, etc.

The VA allows for a spouse to fulfill the occupancy requirement for an active duty military member who is deployed or who cannot otherwise live at the property within a reasonable time."

They are purchasing a service from you and you in turn are fulfilling that legal and contractual obligation. 

Rental Property Investor from Jacksonville, FLPREVIOUS POSTWhy I sold Cleveland.If you're a real estate podcast junkie like me, you definitely have noticed the clear shift towards real estate syndication in the multi-family space over the last couple of years especially.As deals became harder to find in single family and smaller multis across much of the desirable markets,the allure of pooling investor funds to acquire larger assets became a sort of self-fulfilling prophecy.Books that were mostly hurriedly written flooded the market pimping the upsides of this strategy.The argument for was simple and convincing:it is better to own 1% of a large deal than 0% of no deal.Personally,I could not help but notice that the popularity of the idea coincided with the rise of real estate crowdfunding.The likes of Realty Shares and Realty Mogul raised a bajillion dollars practically overnight making it very easy for everyday real estate aficionados to own small bites of a mega deal in rural Tennessee at the click of a mouse.A few of my friends experimented with the crowd-funding route, tossing $5000 into this debt offer and $10,000 into that equity offering.These punts yielded mixed results anecdotally, as an equal number seemed to have great experiences to share as did absolute nightmares.To be fair, no real estate niche is 100% fail-safe or iron clad.Money has been lost in a large single family portfolio as well as a personally purchased medium sized apartment complex.It is also certainly true that in the end, every investor will run out of money to invest in more properties if they decide to go it alone trying to rapidly scale up their portfolio, and real estate is most assuredly a team sport at all levels.

I'm very familiar with the area and can also speak to some other markets that would also fulfill that 15 mins to PATH train and under 1 hr commute to midtown.

The buyer immediately takes possession of the property, often paying little or nothing down, while the seller retains the legal title to the property until the contract is fulfilled.

The security deposit serves as a guarantee that the buyer will fulfill the contract, with potential forfeiture if they breach it.

In my 20's I read thousands of books and burned the midnight oil looking for every edge and angle to learn what others knew.Now it's about what life I want to live on a daily basis that gives me constant fulfillment and bliss.People ask if you have a lot of money why do you need more?