I believe that the Realtor contract is too long and a lawyer will put more than you need.I use a "Skinny contract" ---- here are the elements:Settlement - use "banking days" 60-90Build in an automatic "Extension" - Seller agrees to extend this contract by 25 banking days if requested -- you will always need more time - with this clause it acts as a little insurance when you run up against a settlement date that you are not ready for.Make full disclosures - if you are going to assign your contract - make sure you state that - my contingency is that if an assignee is not found before settlement - this offer is subject to cancellation.Let the seller know that you are in this deal to make profit.You could offer a "hybrid" this is nothing more than offering the seller a percentage of overage (or profit) make sure you write it as a net - not gross.

That makes things pretty skinny.

I have been in deals where cash flow was skinny, but to get into a deal where you know you're going to be upside-down even after repairs just flat doesn't make sense. 

Here's the skinny...I paid my 2017 Kentucky state income taxes on time and each quarter and correct. 

However deals are skinny with our property taxes so high.

I know up in Keansburg, the insurance agency i was working with was sure to give me the skinny on FEMA flood mapping for the city areas.

It's very skinny: I see about $20K in net profit.

You may have to tread lightly.Here is the skinny:1.

.$500k/$780k = 64% Purchase to ARV ratio is not that great for these lower end sub $100k ARV homes. because you typically have 10-15% in closing costs and 10-15% in holding costs therefore just to break even you would need to buy at 80%-70% ratio and this is IF the property does not need ANY repairs and not factoring in any profit. so this deal seems too skinny of a deal.

or do you recommend an other way to start real estate with little capital/ no capital.Yep ---- forget the word "wholesaling" - it is nothing more than investing ---- just go find a deal you can CONTROL at a price under market value - use a "Skinny Contract", make full disclosures and offer the property for sale using the public auction method of marketing.