(curious how many flood events it has made it through)

Learn to enjoy the burn.4) Attend events.

Aside from that, most wholesaler I know have a clause in the contract that allows them to back out in the event they cannot assign the property. 

Lucky for you, you are in a state that is booming.I advise you to join real estate events in your area.

We do local networking events for multifamily investors and have a Facebook community that is full of local investors as well that you're welcome to join.

I will write the property under my name and, hopefully, later would refinance it to pull out some cash.We're in a good relationship, so there are no worries regarding stealing money from each other or anything along these lines.My main concerns are tax-related; is that a taxable event, how much, is there a way to avoid/reduce it?

Once we are familiar with the process we meet with the City Planner or Zoning Administor to ascertain their thoughts on the receptivity of the municipality's governing board. 

Real Estate Investors of Nashville (REIN) has around 600 members and hosts a main event monthly as well as multiple events throughout the month in various locations around middle TN. 

I'd recommend just going to a lot of community events and meeting people.

In any event, I didn't mean to get us off track in a discussion of non-RE investing.