At the end of closing the wholesaler was to wire the funds the seller owed and get a wire back, the seller got cut a check.

I would love to bend anyone's ear that can offer insight, or simply follow along with another "newb" as we begin this endeavor.Happy New Year!

For example: when a one year contract is over and I wish to not renew with the tenant can I simply just tell them or do I need an eviction?

I saw a rant on FB today against landlords (RE Oregon's rent control) and all I could think of is how many people simply can't or don't want to buy a house.

I went cut $50 below comparable rent I could find.

My initial question was cut off.

Some contractors find this tedious so just make sure you set their expectations (paperwork wise) before you hire them.Also, when I went through my rehab, the bank cut me a check for the first half of the 203k budget up front at closing and then didn’t provide the second half of the 203k check until after the renovations were complete and they had an appraiser come out and verify that all the work on the original scope was complete.

Guidance memos from the executive branch, carry the full weight of law.....but these are harder for people to locate because they simply dont know that they exist, nor that these are as much law as what the legislature writes in a bill.  

Should I only demand a percentage of total profit (like 10%) or would I simply lend the money to them?

The deal came through on a drip that I was getting from a local agent and I simply bid roughly 5% below asking and was able to negotiate a few concessions as well.