Understand the local work ethic, feelings about outsiders (Californians in particular), types of renters, how people conduct business, how people communicate, etc.I will refrain from mentioning specifics and personal feelings on here, but feel free to message me if you want to know more.

It eventually destroys the capacity of the giver to continue giving, and it eventually destroys the self-esteem and work ethic of the receiver. 

-My great work ethic and willingness to go the extra mile will be put to better use.

Lower safer returns with ethical folks and people doing thier homework is a good strategy.

Do you aim for more experience or work ethic?

But surprisingly, I still received lots of calls from motivated sellers after receiving my yellow letters.The wording you use is EXTREMELY important and I think if you're honest with people and show that you're actually out to treat them fairly and not cheat them, they respond favorably.But I did almost give up my license over my "perceived" dilemma until I figured out the best way to approach potential deals ethically and with integrity.Good luck Anna!

Wholesalers are NOT bound by a code of ethics like realtors and listings on the MLS.

Morals/Ethics: Real estate just like money can expose both the positive and negative things in people.

I'd have more concern with the ethics involved, asking for fees up front without a reall committment or POF, I'd just walk away from this "partner" it's the thinking behind it to me, shows the attitude going in.... :)

Of course, I know that only the 1% that are effective and successful and ethical post in these forums or all social media.