Appreciate the feedback Kuba!

Any feedback or references would be appreciated.

Hi @Shawn Ackerman -  Thank you for the tips re: networking.Does anyone have any feedback concerning my last paragraph in my initial post (pasted below)?"

Looking forward to hearing back some feedback!

No one has given us any negative feedback.

Check it out, any feedback will be greatly appreciated. 

And that is why I went over there just to test myself and see how I would do as far as talking to people on how I can help them in their situation, I would have liked to be with a professional and see how they do it but I am not the type to pay thousands for mentoring and I know the only way I will learn is by practicing and getting out there I appreciate your feedback Carlton, maybe if your open to it we could meet and if you have any pointers you would be willing to give that would be great.

I think the best way to sell would be to rewrite the contract to have Mike sell to Bob and or assigns to put Bob in the position of the wholesaler, so that if the home sells for $550,000, Bob keeps the additional money.  

Thank you guys (and gal) for the insights, this is a new undertaking in commercial, so this feedback is very insightful.

Long story short is I want to buy a multi family home 4 family would be ideal but a duplex will be sufficient if I can find the right deal, for my first property in NJ I would love to see 1k a month positive cash flow, I am looking to take a investment property loan and put down 25% and upon research I'm seeing hat I need 2 years property management experience in order to use rental income to qualify, while I don't personally own any investment properties both my mother and father own several units which I am 100% a part of helping manage and repair when needed.