You are correct, there are numerous highlights I can mention like: I've never lost money on a buy, I've bought a $500 web property and sold it for $4,000 in the span of a month, and I've currently bought a property for $4,000 that I plan to sell for $10,000+ in the next few months.

Check municipality for code violationsUnfortunately all you hear about all those that made money from NPL you never hear about those that lost their shirt.Go to Amazon and read Gordon Moss's book on seconds.http://realestateandnoteinvesting.com/Happy hunting.

You are going to have to do some damage control.

I already know alot about wholesaling so I won't be lost!

The other thing is that the lead time is what is, we have absolutely no control over it.

I have lost a few amazing houses because I wanted to pay 160 and they were going for 175.

I'd go that route rather than a JV so that you maintain the control while you rehab the property and either sell or rent it.

I lost a deal in Wilmington, NC but love the area

It is controlled by the state government.

You can certainly have an owner in the property while you control the deal but I wouldn't give him any money until he physically moved out.