Operating agreements can outline each member's roles, responsibilities, and rights regarding property management, maintenance, and financial decisions.Future Real Estate Ventures: If you plan to acquire more real estate in the future, having an LLC in place can streamline the process of purchasing and managing additional properties.

And I suspect many managing Brokers are going to be heavy handed with the wholesalers and their techniques which we all know includes miss statements  white lies  and other subterfuge.

Yes, my response would be different if he were not of Seattle.

Using a good/responsive qualified intermediary is also really important.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments. 

You would be responsible for the cost which could include Title and Escrow Fees, Lender points, appraisal (if any).

Appreciate the response. 

Thank you for your response, Bill!

The heavy items are free too so if you want a big credenza and have the help the price is right.

It takes the responsibility off of you to make something work.