Never hand money to a wholesaler, there is no guarantee the deal will close.

I guarantee South Florida will soon be on the list.  60% of purchases are cash in South Florida. 

This is the first time I'm hearing about more faltering in the economy, insane RE maneuvering like Chinese developers guaranteeing prices for future, years, and all kinds of unsustainable borrowing and behavior that will have to come to roost at one point or another.

I understand there is no guarantee... however I was just hoping to hear from other people that we are on the right track.

And I guarantee you have that one already working in the store.You want to convince this seller to sell you the place with nothing down?

Pretty much guaranteed.

There were some loans that the previous owner had personally guaranteed.

The reason for having cash flow right now is that its guaranteed.

Appreciation is NEVER guaranteed and betting on it is a like playing a lottery ticket.

If not multifamily they are buying retail strip centers with national tenants guaranteeing the lease and covering all of the expenses including taxes, insurance, etc. so you are passive.