@Joe Johnson If you have a choice, which it seems that you do, please do not use a quit claim deed.

You made the right choice by coming here!

I love everything about the world of Real Estate, but my passion is Property Management and currently all I deal with is Condo Associations, not my first choice, but it works. 

Generally, this period is much more difficult for hosts than guests, by virtue of the nature of choice - guests have many options, hosts tend to accept most reservations.

What this guy is doing is not right and now I realize I did the right choice by terminating the contract with him.And what J Scott posted is exactly what I'm thinking.

Point being bulk, as opposed to single unit transactions, which he referred to as retailing.Whatever the case regarding choice of word and definition of that, a key distinction about the activity of wholesaling is that I am selling my position to a third-party.. its not about doing it for the benefit of third-party.Those are legal distinctions that we need to know when defending ourselves against Realtors who think we are encroaching on their turf, and turn us in to the Wisconsin DSPS.

Lots of choices.

Anyway, this is the rough breakdown:$2,500 for flooring (carpet at $1.20 sf installed, vinyl plank at $2) -- I was told on BP not to use vinyl plank because it would look cheap, but I chose to use it for several reasons that I can go into if you would like, and I'm really happy with the choice.

My plan is not to flip but to buy and hold.While I'm aware trying to find a seller willing to do seller financing may be more beneficial I am trying to understand all of my options.

A highest and best use report would be most beneficial.