That's a vague plan, and it looks bad for 2 reasons. 1) It's too close to what a realtor actually does, and 2) It just sounds more greedy to say "split the profits" when you have no skin in the game.If you have expertise in foreclosures, and want to make a legit business helping people get out of those predicaments, a coaching or consulting role would probably be a much better option.

@Chance Cooper @Chris Martin   Chris I unwound about 30 of these for a similar model that a group of investors did.. were they really got sideways is recording the lease option and or they also did some contracts of sale.. the end buyer defaults but won't move.. the middle buyer is fine until to many go south at one time like what happened in this case.. title company would not insure without a Judicial foreclosure  12 months in Oregon with 6 month right of redemption.. 

Keep the properties segregated with each agent and make sure your listing agreements fit this model.

This is an inherent risk with the rental business model.

See model contract: Subject to contractAs to you not understanding why this is, there been scams where properties are taken subject to, the buyer makes a payment or two, then stop paying the mortgage.

Any vendor that provides an AVM (automated valuation model) ought to have the data to generate maps using a variety of different property features.

As I had decided to shift my business model specifically towards potential Sub2 deals, I determined that refining these negotiating techniques would be extremely beneficial.

The HOA manages only the common areas: signs at the entrances to the subdivision, the retention pond and couple of fences.Other HOAs seem to model the Gestapo and the fees are outlandishly high.David J Dachtera"Success is not a destination.

But once you start doing a number of deals and can build some trust with a lender you will have more negotiating power.Bear in mind that my model was more a a "landlord product" where I took out a HML for 90 days and then quickly refinanced into a conventional loan after the rehab. 

That is our land model, made $80k on 1 lot last week.