I am an engineer and currently work for a major ag/construction/lawn equipment manufacturer (I'll leave it to you to guess which one) at one of their factories in my area. 

I"m guessing the extra investment properties would out way the cost.  

Not sure I count as an "OG" but I can aspire to such heights I guess.

I would guess the broker is offering a standard appraisal price, but something like this would typically cost a bit more than a standard appraisal. 

The only thing I guess is if you cant sell the home then you head for the hills or you are using that " subject to partner or 3rd party approval "  card trick.You might want to approach sellers from a different angle. 

Personally, I found that the 100% online school (which had been recommended to me by an investor-broker) fit my learning style best, and didn't feel like the afterthought of a school that really wants to get you in their classroom.I'm not familiar with Illinois law, but I'm guessing you don't currently have a brokerage where you're working?  

The only things missing I see are the fees for your closing cost which I would guess to be around $3,500-$4,000.

I guess I'm not smart enough to learn how to edit post.

MLS is based on realtor input... and I'd guess that 99.9% of the time realtors would only submit 'close' information after recording was complete. (1) Move, Inc 10-K(2) Zillow 10-K

Close on one or more and I'd guess the almighty state regulators will not bother you... but this is an excellent test of Ohio RE boundaries regarding 'wholesale' ...