If you do want to pursue them, you will have to do some investigating to find out where they live, and you will waste a lot of time on the process that could be spent making money other places. 

If the borrower isn't interviewed up front, and asked some very important questions, that loan could end up going to one of the nine that need seasoned funds, wasting valuable time (and money for an appraisal) before it gets denied and then sent to the right lender. 

Get a PM that triages repairs at least a little over the phone to reduce site visits, carries simple things like caulk and miscellaneous screws with them to reduce trips to the store and knows not to waste time repairing old fluorescent fixtures for instance or charges $150 a month to collect your laundry change.    

It will just waste everyones time. - Have a strong contract: contingencies are critical in wholesaling, you want to ensure that you have an 'out clause' if the deal no longer makes sense after further due diligence. - It's all about speed: You do not want to wait too long to take action on getting this under contract, there are plenty of ibuyers, out of state investors, local investors etc. that would jump on this quickly. - Dont rely on one deal: Probably the most important tip is to always keep multiple potential deals in your pipeline, don't put all of your hopes into one deal because if it doesn't work out you'll be back to square one.

How do they know their investment will not be wasted?

I also have one guy from my local REI group that is strongly interested in partnering (he is getting older and wants to reduce his work load but still stay invested) and a couple others that are interested in maybe using their IRAs to do so.

Do you need to off load some of your Kansas City properties?

Also searching without knowing could cause you to waste tons of time. 

Aloha,With $20 K collections, you shouldn't even be wasting your time posting the question.Here are your odds: 

We chose to be better and knew the only way to do it was not to waste anything - especially not time, people or money!