(it's the price to pay when you're in a marketing/sales business) and this is why you should stick to inbound marketing;)I never heard of anyone really getting in trouble for wholesaling, a few received cease and desist letters but if you get your paperwork right there is very little chance of getting sanctioned. 

I would essentially rehab it for the owner and give them the money they are looking to get to selling.ARV: $375k - $145k (rehab costs) - $125k (cost to "buy" the house from seller) - $26k closing costs = $79k left over.Holding costs would be just utilities and taxes since there is currently no mortgage from the current seller and I am never officially buying it from them.

Many real estate agents actually use them - it is more cost effective for agents to have the Transaction Coordinator do all the paperwork while the agents go out and find more customers/clients.

@Christopher Brown things to offer would be... leads, training, experience, admin(our admin can make offers, check emails, handles paperwork, handles CRM, shows up at inspections, schedules listing photos, drops and picks up sings, etc), support, help with showings, marketing help, a game plan for an agent to get deals, scripts, etc.

I certainly don’t plan on halting my investing, so my other option is just to keep investing in Columbus (where I believe I’ll end back up at the end of this rotation anyways) as I move to different locations and essentially become an out of state investor.

The terms with my family member is an interest only payment and then we set the balloon payment to be within 3 years (planning on doing it once we hit a one year mark- the deal is essentially one house now and their second house in 6 months so we figure this plan for now gives us a good timeframe for our first two houses!).

Essentially what happened is that the seller's attorney requested a bill from the water company. 

My spouse doesn't have any loan under her name.For the 4th home under contract, I wonder if I should be1.)Taking loan under my name only OR2.)Taking loan under my spouse onlyThe reason I ask this is, I read that most of the big bank lenders, don't provide loan for new-purchase/refinance/cashout-refinance with more than 4 loans, due to the risk involved and amount of paperwork for them to review.Does the spouse loan count under the 4 limit, or the 4 limit is per person ?

So essentially, home prices in San Francisco have skyrocketed because of a lack of housing supply.Now here's where things get interesting.

You will learn a lot and real estate transactions can bite you years down the road if you don't have the paperwork right.