The seller needs to identify his replacement within 45 days of your closing, preferably before your closing and have it under contract.

My plan was to follow up with a text message with website link (which I just set up) buying4cash.com - While working Full Time until Im established enough to make the switch to wholesaling Full-Time I wanted to try to develop a system that didnt require me to try to grab each incoming call, but rather be able to return the "cream of the crop" at the end of the days. 2.

Seriously though, there is some info that is only really pertinent to developers, surveyors, or appraisers.

I recently purchased a single family home in the PNW, minor cleanup and I developed immediate equity, and have it rented with decent cash flow. 

When we identify a problem (for example: a fire hazard in the electrical panel) we'll recommend a specialist (an electrician) to fully evaluate the problem and prescribe the most appropriate fix.Back to your specific question:  if the basement walls and ceilings are covered it will be difficult for anyone (including a structural engineer) to evaluate for structural issues. 

Is this a well stablished developer that has been doing this for years or is he starting out and willing to accept less of a percentage just to get some deals going?

I also run a small fund that does development so I can appreciate it from both sides. 1.

There is one statement in the above that should stand out and if you can identify it, then you will know which direction to go.Terry

I have developed an entrepreneur mindset, and I am really excited to see what I do with everything I have learned in the last 9 months through networking in New York City, listening to Podcasts and shows, and reading many books. 

I come from a family of construction workers and have a nice set of skills for fixing up houses, as well as a mother who was in the land development business when I was a child.