I feel like I took the first steps to one of the most important journeys ever.I'll definitely consider partnerships, networking, and other options, I've got a good base to bring to the table.

That strategy has always worked and I've never felt like I was leaving money on the table. 

Hello from the mountains of Asheville North Carolina! 

If your potential partners aren't bringing anything real, tangible to the table then you do not need them.I decided to go in with a friend partner and we did everything 50/50...except I found each and every deal and now I am the one dealing with PM's, running finances and so on..My partner will gladly do whatever I ask him to do, but that is not what partnership is about.

They also have no bank accounts, no tax returns, and their pay stubs or other proof of income is pretty informal since Tenant Alpha may pay them under-the-table through his company.

But buying a property and declaring a profit at the closing table is where I thought all of this came from and that was my point, that such a valuation would have overstated, thus in the Enron accounting method.

Thus i see no need for me to reduce my price by 1% to accommodate this.If i had a dollar for ever REI who told me i needed their services to do deals id be retired...Show me your going to bring some skills to the table and id consider it.Good conversation, im very much enjoying everyone's response.

If my buyer discovers something that I was not informed about, I go back to the table and renegotiate.

Perhaps some other BP guys can help you with this objection.You could certainly do it if it is at some unreal low price, but why would leave that on the table?

I don't follow all of your logic and it seems like you might be making a mountain out of a pretty straight forward deal.