Even the ones that read it will ask dumb questions as if they hadn't read it so don't spend too much time and effort on this.I like to have major policies outlined and then just link to them.

He'd need to run his own numbers to tell me if this is true but my assumption and belief was that getting half the profit on a good flip will net him a larger margin on his efforts than he's normally getting on projects in which he has no vested interest, and for which he went through a competitive bidding process.  

I have NEVER dealt with anyone escaping forclosure... they simply hate agents... sorry agents, you all seem to be hated more than us investors haaahahahaha.. ahem...yeah dude, if you focus your marketing efforts on distressed sellers.. you may not find much results.

It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterpriseAny profit comes from the efforts of a promoter or third party

I have "dipped my toe" in wholesaling, and I want to really focus some time/effort going forward.  

The biggest thing and in my opinion the most important is that your success is directly correlated to the effort you put into the business you build.

However, his market appreciation is effort free of any significant effort versus your approach to improve the property and gain some forced appreciation is significantly more effort. 

I've started mailing out some letters to owners from my driving for dollars efforts. 

(Thanks to Anderson Business Consultants for answering so many questions and preparing a very complete plan.)Still to do, get the books set up for all of my entities.My takeaways so far:-rehabbing, even light rehab such as flooring and paint takes more time and effort than I planned.

Technology has actually leveled the playing field and made small local businesses able to compete on a national and global scale.