The lender is securing commitment to deliver at that rate so they have to hedge that rate risk and the fact that if rates stay the same or drop you will probably just go somewhere else.

My proposed solution is to counteroffer that the seller advises the tenant of a non renewal , deliver atleast that unit vacant and we push the inspection period , appraisal and closing back until afterwards .

It is also worth noting that people will pay more for properties that are well run and deliver higher income, and that way you might compress the Cap Rate.  

Not to mention, the market nationwide for wholesaling is extremely tough because of the lack of inventory, cost of materials and competitive seller's market.At your age, the best thing to do is find a real estate agent who needs part-time help, maybe photographing properties, maybe delivering paperwork, whatever it takes for that person to take you under his or her wing and share real-world experience in real estate.Save up as much as you can between now and your 18th birthday and the minute you can be a primary borrower, find a house to buy, the biggest in the best neighborhood a bank will prequalify you for.

Vaughn hires a team of drivers to go out and find properties.

From the announcement: "our ABLP delivers Real Estate Investors the opportunity to borrow money using their existing Note or Rental Portfolios as collateral for the loan.

Landlords can apply on behalf of tenants but if tenants don't playbill and fill out their side of the application, then nothing happens...most of them are gaming the system anyways....one tenant was angry that the checks would be delivered directly to the landlord (probably thinking about keeping the check for herself) 

I see 3 near term drivers of supply increases coming:1.

Or should I write a letter explaining that I'm selling them and have the property manager deliver them to the tenants?

When we consulted with a third party contractor and building in some cushion, estimated repairs came down to $40K (vs. the original estimate of $25K).I presented a counteroffer asking for: (i) follow up the outstanding written reps noted above, (ii) written affirmation from seller that they can deliver a vacant unit at close (as they had verbally represented), and (iii) $40K off the asking price.All of a sudden the seller came back noting the recently executed lease was “deemed invalid” and that the tenant is now on a month to month lease and can vacate the property upon a 30-day written notice.