Do the math, don't let your feelings that "renting is bad, owning is good" blind you to the better alternative.Further, renting gives you much more flexibility.

I'll then ask if they have any price flexibility and say if not that I wish them the best of luck finding the right buyer and I look forward to seeing their next deal.Letting them down gently to try to better preserve the relationship actually takes by far the most time in most wholesale deals I look at...

It's a desired profit, but flexible when there is a timeline in his purchase contract.

It might take two escrow companies, and your buyer and their lender will have to be a bit flexible, but this is one way to hold your sellers feet to the fire.

hey @paulzofsak welcome to bp, cant offer any advice that hasnt already been said here, i started this path 2 years back, and just had to stay flexible to stay in the game, doing rehabs on sfr 1 at a time, meeting and networking with the successful locals, learning the system, my opinion is it hinges on your tolerance for risk, resources , cash to keep the deal going and finished, patience, and what works in houston probably wont work in cincinnati.

Also you might need a roommate but you still have more flexibility with the space with two units. 

@Peter Schafer Whatever loan fits for your needs, closing in 21 days, and flexible requirements and not your blood type or endless delays and requests.

BG&E will come out check for leaks for free.If you have to run all new couplings you might as well update to flexible wardflex.

You'll need to see if a commercial lender will be more flexible and care that you take Title personally.But, still even if you put the funds into a LLC's bank account, a residential lender will still ask. 

You’ll be paying more in interest but it will give you the flexibility you need!