Your contract with them has no bearing in court unless they are licensed to begin with. you know they don’t own a company, have a license, have any insurance/bonds, why do you expect reliability and adherence to the contract?

You could do something similar in Big Bear or Idyllwild and use it as a vacation rental.

That’s just added expense that they might as well allow a dead beat borrower to bear.  

Equity has no bearing at all on the 1031 exchange. 

His criminal record shouldn’t have any bearing on your decision of the purchase.

"I brought up Fed rate increases to one guy and asked how they’d affect the fair market value of notes"  He's right, It has no direct bearing on the value of existing notes.   

I've also heard that recessions don't start until all the bears have been shot, and there is still a lot of them out there.

Needs:Cabinets/countertops All appliances in kitchenTile in kitchen Wiring brought up to codeFans/fixtures in every room Asbestos tile removal  Carpet in rooms laminate in living room hallways Central air (furnace brand new)Paint/Baseboard replacement Minor Sheetrock work New roof soffits/guttersoutlets replacedpannel rewiring (the house was built in the early 60's)windowsbedroom doorspaintwood panel remove in two bedrooms with no sheetrock behind it small not load bearing wall demo  I know This is asking for a lot but I really don't know and I know numbers make or break a deal.

In my very frank opinion, being a realtor or partnering with one bears no advantage in the wholesaling world. 2.

It’s a 3/2 at about 1,800 sqft.The house doesn’t seem to have any major repairs other than being EXTREMELY outdated.I am considering tearing out the (potentially load-bearing) wall separating the smallish living room from the much bigger dining room & kitchen, which would make a huge open plan and basically double the living room size.