I've seen new agents get as little as a 50% split, and know that there are many companies that offer experienced agents who don't work out of the office 90%+ of a deal.

If I were you I'd work out a split of somekind with the wholesaler.

If that doesn't work out, call a real estate agent that specializes in short sales.

Most business is conducted by Internet and the phone, and there's no real need to meet over coffee on a regular basis to discuss.That's just the nature of the business.Keep in mind that what may seem like a big issue to you due to being a newbee, most likely is a relatively routine issue for a Pro.

Realtor seems to think one could work out a deal with the Lien holders for the homes in exchange for lot fees due.

The formula is pretty simple, but it doesn't work out to a specific amount you can spend per dollar of rent.

I just don't want to be driving all over the place to look at something that's probably not going to work out.

Try to find a coventional loan with 20% down(I doubt I would be able to find a bank willing) and do rehab work out of pocket?

I've been approached by Mynt investments wanting to have a chance to put any of my 5 and over apt. buildings under a 2 year lease-purchase (the version that commits them to buy, not jsut gives them option) and so I don't think I like it, because I've got my buidlings running quite nicely, and what if it doesn't work out and 2 years later they don't pull the trigger and leave me with 50% vacancies, etc.

I kept telling hubby not to get too excited about her that it may not work out.