regarding a licenses, you dont need one to write an offer on your own behalf, you would need one if you did it for someone else. as for wholesaling, that "and or assigns" that is usually put in an offer to be wholesaled, pre crash, we saw it all the time, today, bank sellers will reject those, and any regular seller with knowledge, or getting legal advice will want it removed, its telling them they are leaving a considerable sum on the table.

What is the cap rate value of the property today?

We used him last month and he got the report back to us real fast.  

I use the site Psychology Today as my referring source.

Class B/C value add occupancy held steady while Class A fell off a cliff.3) In Dallas, we have data on avg occupancy dropping to 85% at the worst point in 2009 (REIS data) in some key submarkets where we are buying today, our sensitivity analysis is built to show investors that rent can drop 10% from projections and fall to 75% occupancy and breakeven.

(At least in Illinois, laws can vary by state)Sounds like they are trying to get you to sign a buyer agreement which is not a very common practice today, some agents still do this but not all. 

Not much to fix it up and rented really fast.

I had a potential tenant come and look at the house today and am waiting on the application back, but am pretty sure he is the one I will go with as long as the application doesn't have any surprises.

Two hours is perfect because I'll have to spend that much time on the treadmill working off my dinner today.

When you hear someone around you use words like, "everyone knows", and "it sounds too good to be true", run, don't walk, RUN away from them...as fast as you can.