Disclosure, 2. intent. 

=/Disclosure: I am not an attorney and this is not a legal/professional advice, the article below is for educational purposes only.The basic rule to these so called handyman being $500/contract is a basic understanding of "day labor", that means, that you need help on something, you hire them, but the job is not significant enough to constitute a contract.

Make sure you use a state-specific lease so that you are incorporating any specific regulations and disclosures relevant to the state you're doing business in.

Full disclosure, I've actually done something similar to this/am doing this now.

Do you still use a regular purchase and sale agreement with the original seller with any included addendums specifically for wholesaling, and are you legally required to verbally disclose to the seller and buyer or do these disclosures just have to be in the contract itself?

I hope pondering my points provides items to consider and that they are at least evaluated for likely validity for future acquisitions.good luck and learn as much as you can with this purchase   Full disclosure, I have enough rental properties that I've pivoted from buying and I'm helping other investors over the next couple of years via my Brokerage and 1-4 unit coaching. 

I know many wholesalers who are licensed agents, and the only thing they have to do is disclose they are real estate agents in the contract and they are not representing the seller in the transaction, but nothing else.It will be interesting to see if in VA they will require additional disclosures or not

My MLS usually has all the documents online like the property disclosure, rent rolls, deeds and more if the listing agent has done their job right.

Pull the original and any added disclosures out - they have questions about community water system - might be worth your while once you get all this data together to consult with an attorney to see if you have a claim. 

So, you are not skipping anything.Further, using the same May 7th closing date you would see on your closing disclosure under pre-paid interest you are paying interest from the day of closing until May 30th.