Make sure that they are required to hire a licensed remediation company and that they provide you with a copy of the contract for the work and proof that it has been completed.

They take much of the risk, you both split the work, and then there is a very fair profit split.

You just have to grow slowly, there are no shortcuts.

If I were in your position, and were able to make money off of all deals, good or bad, I would wholesale the deals to him that work, and for the ones that don't I wouldn't ask for more than $100 per lead.

In Cali, if you hire someone to work and live in you can terminate at anytime for any reason or no reason.

She does it for free since I give them a lot of work, and I will get charged for title work on anything that does close.

Hard work and patience is key.

Speaking to your point, Anson, about locking in your price and cutting out competition: There is theoretically some upside to being able to take away a lot of the carrying costs involved during the work and also not having to pay out any realtor commissions.

There are no short cuts to short sales, just hard work and constant attempt at communication.

I've got a few deals that need 25+K in work and I'm sort of tight on cash.What's a fair return?