We collect the money then take our cut and pass the funds up the food chain to my Capital company and close on the notes splitting them to our buyers.

My post got cut off.

These repairs were done without city permits or approvals, without using licensed contractors, and consisted of the slab foundations being cut, removal of dirt, and filling it back in without compaction.I guess I can't blame him for attempting to pull one over on me, after all, I am a stupid investor from CA with money pouring out of my ears just wanting to place it anywhere I can!!

You'll need to show that the previous Knew the problem was not fixed, and can't reasonably believe he "fixed" it by cutting/grinding out roots. 

As well, there have been any number of syndication deals reviewed on BP that include a syndication 'cut' (e.g. 100% of the funds needed get less then 100% of the project with the syndication sponsor getting the balance).

Hypothetically, if I sat down with a FSBO right now with a contract, and we both signed it, would a cut have to go to the broker?

Mine is a cut and fill on a hillside with insufficient compaction on the fill side.

As in the deal is signed, sealed and delivered and you've been cut out?

It's a very cut and dry system.

I'm hoping it will cut down on housing cost too.