I guess the question of this one was the EM at risk.. or was this true wholesaling where there were still weasel clauses to get out of the deal if he could not resell.Also its not that uncommon for someone to put in a back up offer.. we encourage those as agents.. if we think the first offer is not super solid..

If you do work with a broker understand, you set the tone, you set the criteria and let them know that you will interview only those qualified, like that you are not wasting time.

That is a solid return for a property that you have owned for 1 year.

Sounds like a solid deal, Spencer.

However I need a strong agent who can propose fundamentally sound investment SFRs with solid math based on our cash position and risk appetite. 

We sold out 3000 square foot, waste of space house. 

Be sure to do solid due diligence and get quality inspections.

Then they realize they bought a property back at auction, wasted a bunch of money on legal fees, just to have possession to an inhabitable home until the bank gets around to foreclosing.

Pick a solid B-Class suburban area.

I have some solid contacts and referrals for property management, turnkey properties, lending, contractors, maintenance, demo, clean outs, and just about anything else you can think of.