The PA laws are not very comprehensive and is basically all stemming from the Landlord Tenant Act of 1958 which does not really include specifics so I am researching other states and found more comprehensive information about bailment but no such specifics regarding what's permissible to be deducted from the security deposits or not.If anything, the courts always seem to refer to other states' statues in helping define an area of law that hasn't been written down yet.

Thanks for airing out your feelings on being basically "afraid" to just start wholesaling.

They basically have to charge the same fees to everyone.

If I'm ever in that position again, I will require earnest money before anything beyond basic documents are provided.If you want, send me a PM with the name of who it was - I'm curious if one of them was the same guy I dealt with.

Basically,his contribution to this joint venture will be nothing but putting up all funds needed from start to finish and we split total profits 50/50 at close when sold.

I basically set an interest rate or preferred return on their money, usually 7-8% paid monthly.

What is represented now is basically the depletion of reserves.

Make friends with a title officer and they will give you access to systems that let's you pull any document you want.If you have MLS access, the ones in California come with a First American product called Realist that gives you basic ownership info for free.

After 15 days or so I realized I had overestimated the value of the property and basically told him that the investors I work with didn't think it was worth the price I was offering.

My rent basically covers his taxes and insurance plus a little, so still don't know if he has paid it off.This summer, I made an agreement (over txt, almost as bad as handshake) with him to pay 1/2 rent each month until I could repay the back rent in full, all at once.