It takes longer, but helps avoid some pitfalls early on.

Any pitfalls to watch out for. 

One that will help you to avoid the pitfalls on the road to building your portfolio.

@Don Konipol thank you for the historical background and pointing out the pitfalls of land leases. 

That's it in a really small nutshell...There are lots of concerns/pitfalls/issues with wholesaling. 

There are some  pitfalls to be aware of. 1. there is enough cash from the refi to add to the purchase to justify this complex structure2. the timing needs to be pin point, meaning the closing of the purchase is the same day as the closing of the refi.Something to add to the tool box if this move adds value to the transaction. 

He also shares his experience and pitfalls to avoid.

Any additional thoughts on financing or additional pitfalls?

My client management skills transfer from another industry, but I admit I am “newish” to knowing what pitfalls that I have exposed myself to in the current transaction.1st - I negotiated with the Tenant to pay their entire 1year lease up front.

All of the other options come with huge potential pitfalls and limited control.