(I only asked because you did not mention any proceeds of selling your current house and you brought up the FTHB loan)  If this is the case, I think the FTHB loan would work for you. 

Even though they initially brought the property to you they were failing with their fiduciary duty to represent your needs as a buyer and were not the (procuring cause) that led up to the eventual sale and purchase of the property.They need to be there through the whole chain of events or they did not cause the sale to go through.I have seen cases like this in the past with the state commissions.Don't want to bore you with the legal stuff just wanted you to know you are not stuck in a buyer brokerage contract when they fail to perform.

I need some help deciding what I can do with a deal brought to me by a friend.

The keyword "crap" brought me to this thread (just kidding).There's nothing like the stench of a hoarder tenant or occupant to singe your noise hairs.

Watching a podcast the subject of wraps was brought up.

As I understand it, this is when a buyer is brought to a seller on a property.

I AGREE with these concepts and everything you brought up in your comment as well. 

I also bought from the MLS using conventional Realtor-brought properties, and have purchased from a turn key operator. 

I am an investor and real estate agent in the Carrollton / Plano area and just brought a property in McKinney.  

When you reach the point of filing for eviction, you can expect that acrimony will develop, so thinking some sort of agreement can work it out is just not the best line of thought; things will deteriorate and so it is just best for all parties to move on.One of the valuable things about BP is to offer the readers a practical education - so thanks to Rick Bassett for presenting that bit of wisdom so that I could highlight it for those not paying attention as closely ...