The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.

I am puzzled how people were able to complete proper due diligence that quickly.  

That is not a particularly hard thing to do, but you need to put it in writing and execute a new note for the loan mod.

go to local meetups, they should have some here or try meetup app or eventbrite. continue to network and that can help you execute your plans.

Assign a contract: This is where you get a property under contract and you "fee" that you collect at closing is for giving the end buyer the rights to execute on the contract.

There is no way to absorb the costs of properly renovating a home in its entirety when you are dealing with $115K assets.

Plus, you’d probably reach your goals faster with that plan of attack if executed properly.

There is also a provision in the promissory note that states in the event of default, we must deliver the property back in the same or better condition from the time of purchase. 2: We will deed the property back to the seller & execute a contract for deed.

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

Quote from @Joshua Alcantara: I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.All my previous high-value assignment fees came from working with sellers who inherited properties without a proper deed.