To me a deal is not a deal, I come from the school of thought that the seller truly needs to have all options presented to them by the wholesaler.

Another transaction like this is a "short refinance" the 'short' is paying less than what is due to the mortgagee anytime the word is present.

The first was one of the member investors giving a presentation on wholesaling.

Their proposal was that I look for properties that they could Buy and Flip and they would pay me a 10% commission on the profit that they make from every property that I present.

Better yet, get a developer lined up who can build a plex unit or something better and present that in your case to the city.

If you do, you might try talking to other investors/buyers there, or even presenting it to the group.

In response to Aaron Mazzrillo, how do you 'remind' people of your business when you are not present without business cards?

Totally understandable.I have no problem going to the owners directly when agents can't or won't present my offer.

The issue presently is that you have dual levels of bureaucratic oversight.

i got a great idea for solving the pet/smoker issues - make it a requirement to visit their PRESENT residence before accepting them. if it permeates of smoke, there ya go. if the place is stain free w/ pets, take 'em in w/ the extra deposit (don't call it a pet deposit though)i accept pets. my vacancies have averaged 5 days so while you're waiting a month for a tenant, I just minimized my loss.