My best piece of advice to you; find a way to establish a unique form of marketing to your seller versus trying to compete with other wholesalers in this area.

For some of my insurance clients they say yes no problem I'll do the work myself and I can make the repairs for far less than that amount and it's worth the savings on the policy.

So each exchange will have it's own unique calendar and reinvestment requirements.  

My clients have not had that question yet.

As far as Lee and Charlotte Counties go, it seems that most people that are still underwater are underwater because they've stacked HELOCs or second mortgages on some properties or they've simply stopped paying years ago so their banks have levied heavy fees, fines, etc. on top of unpaid principle.On the appraisal side of my work, I have lender clients who have ordered drive-by appraisals for pre-foreclosure properties since 2012.

Wait, who's the client?

All my clients buy multi-family and 95% of tenant-occupied properties are listed this way. 

I’m looking for creative financing options for a unique property.

As far as BRRRR, not too many clients of mine are holding rentals, they see the quick buck in the flip and go that route.

The fee only gets charged if a client closes, so I had no issue with it and I thought the price was fair.