The group has a website at:  http://dfwreinetwork.com/Just about everyone involved is active here on BP.  

I have got the bid on the property with the repairs required, but wanted to check in this forums on how to select the contractor based on the bids, Is it purely based on Price , or ReferralsThis would be the first time i would be working with them @Kyle Gray Thank you for the extensive reply , how do i get involved in the selection of items as the contractor is going to do the selection for us on whats required based on the bid submitted, Please let me know how i can get involved in the selectionThank you @J Scott@James Wise  i will check with some GCsThank you all 

Although there are tons of risks and problems associated with them, many which are just general issues in real estate, don't be too fearful.

The other part of wholesaling that is a possible red flag is Equity Stripping, AKA Illegal Flipping, this was heavily regulated till a few years ago by lenders, especially M.I. companies, they have relaxed the rules, but was a problem pre and post crash. seeing the increase in this activity seems eerily familiar,  like 2007 all over again. just be careful especially with your license, Disclose Early, Often, and in Writing, My license is too valuable to me to be involved in this type of transaction, so i steer clear. if my entity is on the contract, I am the one closing. period. 

Now that I'm between jobs, I'm becoming more involved in my properties.  

Depending on your tolerance for risk, I think there are always opportunities to negotiate with motivated sellers in and around Boston.Always happy to meet up and chat about Real Estate and connect with like-minded folks so let me know.Best,Cheng

By doing so you will get much better returns on your money compared to what you been getting over the last few years and you will also minimize your risk since your investment will be secured by real estate.

Doesn't this risk factor put us in the same boat as a hot market with low interest rates?  

Would love to do a 30-year, but I need to have it in an LLC, and even though I could switch it over after we purchased, I don't want to risk anything that would be construed as mortgage fraud.

Do I involve  lawyer?