Mike,We occasionally assign a purchase and sale agreement between companies prior to close, but there is a precedence for this {at least here} that basically says it is alright because the assignor and assignee are related entities, both controlled by the same people.

If you are growing modestly, you will still uncover the occasional value-add property. 

The difference is that except one of my tenants occasionally moving out to buy their own place, it runs on autopilot.  

Plan to sell my primary residence that I've occasionally house hacked and purchase a small multi-family to keep growing.

We want to refinish our basement and I thought about renting in out occasionally to offset the cost.

Crescent/Marcus Lakes can occasionally have some flip potential, but I'm bearish on Crescent since the recent nationally reported/freak/Moses flood we had.  

I still get the occasional call from a letter I sent out years ago.

I occasionally do contemporaneous settlement but that is only with large packets where I would struggle to fund the closing.In my market of Memphis homes sell for wildly varying amounts due to the circumstances surrounding the sale.

Happens occasionally.

Wholesalers fail one or both of these tests.I am not exclusively a real estate investor; I am also a lender, syndicator, and financier and occasionally flipper, however I don't associate these activities as real estate investing, or owning a real estate investment.I think that experienced real estate people are frustrated by the success gurus have had at convincing people that armed only with the knowledge they gained at the guru's training classes they can earn 6 figures with limited or no invested capital as a real estate wholesaler.