This and bad contractors have led more up and coming investors down the money pit and out of the business.

I found simple wholesaling podcast and it led me here.  

What led you to partnering (or not) and how did you structure the partnership (split cash flow, cap costs, financing costs, etc 50/50 or some other structure?). 

If you want your contract to be enforceable then provide equitable consideration, not this $100 junk.0 interest will really tic off a seller when they have an imputed tax on interest and depending on how you led them to accept such a deal can take you to court.

I know its treated me well all these years and has led me to some pretty incredible financial adventures that wholesaling simply could not do.But if I lived in some of the rust belt markets or other markets were there are literally more homes than people to put in them. .I equate that as nothing more than being a used car salesmen.. price points are the same. style is the same.. once your done your done.Where real estate gets good is 10 to 15 years into it ALL of your business should come from referrals.. this simply will not happen in wholesaling.. wholesaling your just as good as the last sucker you talked into selling their house to you undermarket  :)

This led me to start taking the limited funds we had to start pursuing various business opportunities.

This is what led me to reach out to my old neighbor and find out what she still owed on the property.

This led me to looking at bank owned properties for around 10,000 to 15,000 however every single one (even though fixed up nicely each would only be worth 35,000-40,000) had something seriously wrong with it from mold infestation to a giant hole in the ceiling to literally being condemned due to foundation issues.

I came across Brandon's books which led me here, and I couldn't be more excited.

My reading of the rules and regulations led me to believe that the government is trying to force ground rents out of the picture.