Now SD area isnt cheap so if you arent careful and have the right guidance you might end up buying a crap deal.

I live comfortably and have never faced financial struggles.What are my options for finding the right market and potentially securing a deal in this situation?

It is still possible to have a positive cash flowing property but you have to be smart, run the numbers and hunt for the right deal.

What made you interested in investing in this type of deal?

The condos here are hyper competitive and hard to get into for a deal - they just cant build them fast enough.

It’s probably beating a dead horse but it just depends on the deal, but I would say there are still deals to be had for sure, just having to look a little harder.

I didn't implement it because I didn't feel comfortable setting up an official government-looking website and letterhead, tell them you will send them money to pay their taxes, then tell them that you can't.  

The thing is if you are doing any type of wholesale deals and the closing attorney gets a wiff of it,  they are not going to close a deal for you and risk their law license.

You could take them to small claims court, but even if you win, you're unlikely to see the money and will have spent a lot of time dealing with it. 

He did all the work finding this deal and negotiating the great price so I agree he is entitled to some sort of acquisition % fee.