There needs to be a legitimate need for insurance, but the numbers DO make sense if the policy is designed right. 

I wouldn't consider selling until you can legitimately sell via an exchange.

send me a PM with your direct e mail want to send it to my GC in Charleston we have 10 plus new constructions going and can always use good sub tradesmen... as OP stated sub trades are tough in ALL venues these days.

It is legitimate....and while yes the failure rate is 90%, I bet its higher for wholesalers.  

For 2+ years we really didn't have any legitimate buyers - mainly people who didn't know what they were doing or people who couldn't find financing.

He explained that he did take over a legitimate persons identity and LLC He suspected the calls originated from overseas but were made to look like a Nevada phone numberThis game happens all over . 

I don't think you have a legitimate complaint, you backed out of the deal, over nothing that had any outcome on your side.

Less than 0.1 may be I am being way to generous will have a legitimate real estate business that is worth something. 

I have made some bridge loans recently in TX and am usually pretty happy to just charge an extension fee and keep accruing interest as long as the borrower has a legitimate plan. 

Is this a legitimate strategy?