From my perspective, what financial tools would be available to me to utilize this status for profit? 

I avoid these small wholesale deals (especially after the one I mentioned above) because the taxes could make it not worth the while.Apologies if this is a newbie question, Im used to making more profit and expecting up to 1 year of property taxes max, getting a discount at the beginning, then playing catchup at the end, ultimately paying p. taxes for the time I hold and carry the property.

Invest as much as you can, and roll the real estate profits back into more properties.Good luck!!

. $200 is a bit low in my opinion and leaves very little room for profit if you run into any unexpected vacancy's, evictions, or capital expenditures.  

@Nadine Delille So here are the options for low cash investors (just a few)Wholesaling off the MLS: need to double close more than likelyWholesaling: find your own deals via marketingBird dogging:  Might get money for any lead you find with your own marketing and turning it over to someone thats more experienced.Lease Options (alot of stuff here but lets simplify it:  you become a middle men for hooking up a landlord and tenant)Flipping houses: if you have PML and HML who are willing to pay for everything but for a newbie will be extremely expensive on your end profit (plus if you need to pay points for the loan)yeah many agents are investor friendly meaning that they will go with you and see houses write up offers etc but when it comes to wholesaling off the MLS what you need to do is the double close.

From your experience, which route would be better for a profit plan at the end of the day? 

I dont know where you found this guy or how you know him, but unless you know him personally, I would invest closer to home on deals where you dont have to take 100% of the risk to get 50% of the profit

In my area most of the properties with enough spread in profit cannot be financed due to their condition.

Downside is you have to share the profit, plus side can be zero dollars out of pocket.Option 3: If it's a deal with good monthly cash flow and cash on cash return then suck it up and pay the 20%.

Same usually goes for single families, usually if you can get a property to cash flow you can also sell it for a profit.