Taking a 100k sf lot under contract.

@Andrew Nguyen, the contract you signed allowed them to do that?

(A-B) Step B: wholesaler places buyer under contract (B-C)Step C: ClosingWholesaler (or PML) wires title company (not the buyer here) The funds for Step A contract).

And if you find a good property replacement you can go into contract for it at any time. 

Or contract all labor?

That said, hiring lawyers to write contracts, background and credit checks on strangers that already look nefarious may just add to the stress that we're trying to get rid of.

To gain investor confidence, ensure the investment property numbers are real, use the most common contract forms in your state (versus a 2 or 3-page) internet/guru contract form) with appropriate addenda, or an attorney-drafted form and attorney-drafted assignment agreement.

If there are any modifications to their current contract, ensure that the lease renewal is shared with them in advance, clearly outlining any potential changes.

You mention offering homeownership opportunities to people who have been rejected by traditional banks.Do you have an estimate, or a track record, regarding how many of these homes will not be purchased under the contract and the borrower defaults and the home will revert to you to resell? 

@Teri Feeney Styers the slow flip method that I think he is referring to is the one coined by Scott Jelinek which is buying a livable property using private money on a short term (typical 60 month--like a car) and immediately marking it up 2-4 times and selling it on a 30 year term using a land contract.