Thank you for the advice, I'm new to this @Andrew Davis, that sounds great, even though my family, I believe are just interested in selling the land, which I have brought your idea up a few times.

The realtor who brought me the deal wants to list it for lease for me, but this agent has no commercial property experience.  

I believe my journey has brought me to my goal.  

Or at least those are my intentions.I have no problem giving up 50% of the profits or more if need be because I agree wholeheartedly with the saying, that "50% of something is much more than 50% of nothing," especially when I would be getting so much in return.If I were an experienced investor, the only value I would see being brought to the table, aside from profits, would be the potential business relationship moving forward I guess and I can start to see how much more this begins to be case by case.

@James De Silva I have recently met a wholesaler that while new has brought me one deal and hopefully more.  

All the issues I brought up can be overcome.

Knowing what the house looked like before we got it and what we brought it to has to be one of the more rewarding things we do......5) Getting it rented and getting paid!

This is a must and if you are not being instructed to do this by your TK company ~ you need to work with a different company.This issue has caused many investors to either have to restructure loans, borrow against future rents, sell their property or worse, violate their tax status in that account.Glad you brought up the question!  

Have any brought up due on sale?

@Jonathan Baker We are buy-and-hold investors of multi-family properties and your dilemma is common among wholesalers - we have had very few deals brought to us that actually make sense.We target properties in need of rejuvenation in order to a) be certain the end-renovated property is to our standards and b) to increase rent revenue and, by doing so, to increase the value of the property.A multi-unit will be a little different than your example of an SFR in that they are valued predominately on the income they produce and not on comparable sales prices.