I think were legal and within the scope of the law and NOT selling them today for more than they are worth.. is fine..your buyers if they are paying more than they are worth are not going to get financed once they get their appraisal.. and or in 2022 if the market has gone up its moot anyway you might really have sold for too cheap.. 

Is there any legal issue I would run into if I only kept scanned copies of leases electronically, or better yet, only had completely electronically generated and signed documents like real estate agents use?  

I would get rid of them as soon as legally possible.

Hello everyone. This is my second post. Thanks for the feedback on my previous post.We have a rental house that was purchased thru Morris Invest, the property is located in Detroit MI.We purchased the house in March/A...

Be cautious because some of the low end financing like va/fda have restriction on how or if a second appraisal can even be ordered.

No problem with that kind of transaction.But the fact remains that in MA and many other states, wholesalers are not legally able to market properties (or contracts for properties) that they don't own.  

Both will likely give you flexibility to add any addenda you want, while maintaining a baseline of protection and legality. 

I picture this more like a deed restriction than a recorded document that would be cleaned up on title prior to the first transfer after recording the right of first refusal.Anyone have any experience with something like this?

If the cash was earned legally and you are paying taxes, then just go deposit the money.

So when they reached out to you were they saying they lend everywhere in the country or did they have restrictions?