The buyer covers all title fees for both parties.

Now, how much more in fees can you charge vs the cost of the sauna, increases insurance premium, utilities and maintenance?

If the A-B contract that you had the current owner sign calls for EMD, you as the wholesaler would be expected to put the deposit down with the attorney and once you have your B-C contract signed with the end buyer and the settlement closes, you would get your emd back along with the release fee.

I'm not sure if I should let my friend put all of cash in for deals, and then I would take a management fee (either yearly or monthly), or if it is better to take an upfront fee.Any advice would be greatly, greatly appreciated!!

The only variable that I can think of that would be different then just rehabbing as a standard 2 family is the associated attorney fees for creating the condo docs (master deed, etc).  

@Amit Shukla - Not necessary, but many do just to sound cool ;)Not that I recommend it, but I have old school investors who are in their 70s with over 20 properties and not one in an LLC... think of all the filing fees and time they have saved by not doing so.

Most projects take minimum of 6 months to build and when you factor in time to close, you are closer to a 9 month min.

We need these types of loans, whether Fannie Maeor private lenders that don't charge exorbitant rates and fees!

Real Estate Investment: a Weak Point in the GDP NumbersOne data point I’d like to pull out of the strong GDP numbers is Residential Fixed Investment, i.e. purchases, remodeling of private real estate and equipment (your HVAC system), broker fees etc…owned by landlords and rented to tenants.

Estimates for each of these costs will vary based on a variety of market-specific and property-specific factors.