It's more trying if there are shotguns and/or pitbulls involved, but fountains of tears are not the easiest thing to deal with, either. 

We signed a Contract a year ago to build, financing was not involved. 

3 - Is there a process involved if money has been spent and seller does not want to renew purchase contract?

I did not get into investing for real until maybe 5 to 7 years into the business .. those first years were learning the craft building up cash .. making sure I had a roof over my head.. etc etc. no rush to get into this you have long time.. build a foundation first.

I’ve had a few rentals over the last couple of years and just recently started taking this REI journey more seriously through education, diving into BP, and getting involved with some local investing clubs.I’m currently finishing up a big renovation and cash out refi to reinvest elsewhere.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

These are great people to involve as financial partners or private lenders.

I would need to know what the monthly expense look like to craft a real offer, so you will want to ask about that before you meet. 

If the house needs work, or even if the systems are aging, I add this to my initial purchase price for the calculation, plus a contractor's price margin for the hassle involved. 

I think wholesaling would be a great way for me to enter the real estate scene; a subject I'd love to become involved and invested in.Ive read that having a real estate license can be an advantage in wholesaling, as it gives you access to the MLS with the ability to comp properties.