When you buy stock options you don't get a refund when you don't buy the stock.In a related question - do you receive a monthly addition (refundable or not) to the down payment?

In my area, I sometimes see sellers or investors selling NOTES that are performing, but they need the money and sell them cheap because the NOTE market is not very liquid like the stock market, or MLS for homes.If you run ads in local papers, run ads on bigger pockets, and really get the word out that you are looking to buy NOTES, you will begin to get people coming to you.  

In addition to your down payment, try to build up a reserve of 6-months of payments (PITI - Principle, Interest, Taxes and Insurance) to handle any down-turns.That's just my 2-cents worth, and I'm sure others will have their own opinions.  

To make the move from wholesaling to rehab/flips, you might look for partner with funds who doesn't have time to do the work but is attracted to the higher returns that they can get from real estate (compared to banks, stocks, or bonds).  

I mean, I know people who day trade stocks and I don't really get that or understand how they do what they do and how they pick the stocks they pick.  

@Brent Coombs Sorry I used the wrong word there it's called "arm's length principle" also known as "transfer pricing".

Sound principles, good numbers and ability to drive to it make the most sense for me and allowed me to bounce back. 

(LLC) This is not a standard purchase and sale of real estate.Receive irrevocable stock power for the holding company.You are now legally the owner of the complex.

I was fortunate enough to start off with a 6 figure salary, so I have no debts, and am already investing in things like index funds, 401k, my company's stock plan, etc.

When one is purchased, it also comes with a share or stock of the corporation which is worth a certain amount.