What if they accept a low offer then get a higher offer before closing when it's too late to accept?

If not you will end up as just another faith investor.With the value pushing up into the $600K range your rents are far too low and need to be ajusted upward or as I stated you will need to sell to maintaine the returns on your equity.Unfortunatly the majority of CA seemes to be a losing investment market for cash flow so inevitably you will need to either get out or heavily supliment your tenants rent out of your own pocket.

Yes you have listed it too low and you would be best to remove the listing and relist at much higher rate so that you can reduce it later if necessary.

Brace yourself and have very low expectations.

There also are not resources in most states to go after people for a low level crimes like this.

Costs are usually very low. 

I would say definatly NO to a rent reduction and see what they do.

It isn't prosecuted against often so there is low risk as the wholesaler but if an issue arises, the listing agent could report what your agent was attempting to do and they could be in trouble with the state board.This is why most wholesalers write their own contracts, do their own marketing, and work with off market leads.WORD OF ADVICE: No many investors are going to buy a property from a wholesaler that is on the open market.

I was just reading through the thread here about low cost areas to invest in and thought it might be helpful to you, but then I saw you're in Canada.

Thank you for the pointers, the strongest factor towards why I'm concerning a condo vs an SFR or multifamily is for the initial investment required. in palm harbor, there are plenty of condos in the lows 100s and even some under 100.