Tough to find the same deals we were seeing a mere couple years ago.

Don;t come with mere opinion.So to someone like me, that is an ACTUAL expert on lead generation, knowing the phsycology of different marketing strategies, knowing the mindset of a truly and actual motivated seller, I can PROMISE you, based on actual data collected, that cold calling is a joke.

Their involvement isn’t merely passive; they actively influence property operations and management decisions.Individual or Spouse: If an investor meets the material participation criteria, either individually or as a spouse, they qualify as an active participant.Passive Participation:Limited Involvement: A passive participant doesn't meet the material participation standards set by the IRS.

This platform isn't merely a space to post challenging questions; rather, it serves as the hub where seasoned investors generously share their experiences and wisdom.

@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.

Worth also noting that not having FHA approval typically merely means your buyers just have to use conventional financing -- if they can. 

CDs are at 4.5% —- Why is would I ever take on all the risks and headaches to make a mere 5% over 4.5% with zero headaches and zero risks? 

Eviction would be the WAY easier choice but it appears that you gave this person OWNERSHIP  rights for a mere $1,200 over FIVE months time. 

In fact, I'd estimate that along the entirety of the less than 400 mile Oregon Coast there are merely 10's of oceanfront property available in Oregon on any given day, in comparison to our northern and southern neighbor border states, which combined average 100's-1000's. 

If we had the social media/internet in instant information flow in 1982 we do today I could have eliminated the hours spent putting together a buyer list and merely posted the deal online and had it sold just as quick, or quicker.