While I'm glad to hear about your success with STRs, it's not aligned with my question and I'm perplexed by your entirely unrelated concerns.Well darn, it appears I screwed up.

They screwed up and they did not have any inputs in for headwinds. 

The current regulatory regime really screws over the little guys.

Which gives me the impression they are going to try and screw me out of the deal.

Screw that. 

I am actually in contract for my very first property ( a duplex) and if all goes well and I didn't screw up my due diligence, this property will have a decent chunk of equity on the table to take out and invest with once some repairs have been made.Hopefully it's not too late @Engelo Rumora because I would still like to invest with you and I didn't forget your challenge to me during the last BP Meetup we attended in NYC.  

Politicians have been making idiotic housing policy - starting with rent control - for over a century.The idiots still don't understand that when you screw with a free market you get lots of unintended consequences - and many times you end up with the opposite effect of what you are trying to achieve - NYC is one shining example of this...Sigh

@Tyler Case screw partners.

By assigning an agreement to someone who then completes the purchase, you have in fact brought that consideration to the table at the time of the transaction.I'm wondering if there was some other intent of that language - such as to prevent a homeowner from being screwed out of their house via some "creative financing" scheme that benefits a 3rd party (e.g. investor) while not providing any (reasonable) compensation to the seller.

The seller has to sign cancellation docs and if they think wholesaler was screwing around with them like many wholesalers do.. they simply wont sign and your money is stuck and you would have to litigate it to get it back unless of course the wholesaler cuts you a check personally but I think before they would do that they simply go find another gator who does not know any better.