What are some common mistakes new wholesalers make when it comes to formulating these contracts?

I'm formulating the idea of passive partnerships for essentially the BRRR method, generally for my grown children. 

Education leads to questions (networking opportunities) and allows you to begin formulating a plan to reach your goals.

I’ve been renting just outside of Nashville for the past year and a half and am looking to buy my first place and house hack when my current lease is up.I’d love to talk to any investors or agents who know the market and area well and can help me formulate my game plan, talk specifics, and hit the ground running.I appreciate any and all help.

I would suggest starting smaller, getting educated, formulate a detailed plan, then finding a mentor.

Just make sure you are applying the right formulations in your analyses.

My advise is would be to talk to an attorney briefly and accountant to formulate the best structure for your situation.

Between those options, I personally just started my real estate journey with option B after spending a lot of time between getting my financials together, education, and formulating my general plan for now.

You will lose a lot of offers if you use some sort of rule while your competitor treats every offer in such a way to formulate the highest possible offer he can make.But yeah, that is just me!

I have been able to formulate how I would like to go to market.