And yet I would bet that any property that's not brand new or fairly new, will have some items that could fall into this category.

Holly, homes in Ballard that are prepped and priced right are selling well in the summer/fall.

All it takes is one slip and fall or other accident and you'd be toast.

Not to mention that all their ROI calcs depend on cash flow of course so long term return calculations also fall apart. 

When you buy a property, and hold a mortgage on that purchase, the excess cash you have between rents and costs is a form of profit but the short fall is NOT a loss, it's additional capital investment. 

Half of the new construction in Phila (that had to be permitted) is falling apart due to negligence of contractor and inspectors. 

The current thought is purchase a 4 unit in the spring as a primary home and live in it for a year while renting out my childhood home and purchasing another duplex in the fall to put me at 10 doors, then move back into my house at the end of the year lease and after a year in the 4 unit, whichever comes last.

The document or whatever instrument allows this would ensure that the obligation to pay for the mortgage and expenses (Taxes/utilities/maintenance etc...) falls to the corporation and not myself and would be paid directly by the corporation so as to not look like income in the form of a transfer from corp to me to lender. 

Obviously, some markets are about to get hot in fall and winter, may not make sense for them to discount. 

Hey there, I'm avidly reading about wholesaling in Canada and I was wondering what are the mechanism in place to protect yourself as a the wholesaler if the buyer doesn't come through or if the deal falls off.