If there is a score it's coordination to closing, if not, counter offers until it hits or dies, then repeat.With agents it's a bit different, we put the client in the mix discussing strategies but I rarely meet a client as if I'm just the old buddy of the Realtor not representing the client or charging anything, just tagging along.It's not rocket science. :)

Since you're probably going to be working in one of your local markets, you should really go to a local REIA in your area and begin the process of making friends so you can put your team together - find recommendations for title and escrow companies, contract lawyers, buyers, etc., and to ask specific questions to those wholesaling in your area.Here's one BP post about Wholesaling steps:Structure of Wholesaling

Try www.passtherealestatetest.com Actual up to date and current exam information written by the same lawyers who wrote the exam.

I just structured a deal and getting my son ( a lawyer ) to go in 50/50.

's comment after you have determined the rental market value you need to plug more numbers in to this "deal" like vacancy, property management, leasing cost, maintenance, etc...Be clear on your criteria of what does represent a great deal for you, and review the numbers.

But because of that there is a lot of competition there right now.I would suggest paying a lawyer and CPA to determine the best entity for what he will be doing.

The cap rate is 7.8% and price per square foot is $285, which also seems to be lower than much of what is on the market for renovated houses- new renovations are ~$400+ I'm projecting our ROI will be 8.8%, using the current rents.We're having an engineer inspect the house tomorrow, and our lawyer is reviewing the leases...

As I recall, the rule is that "...before substantive contact..." you are required to disclose that you are not only a licensee, but who you are representing in the transaction.

I recently lost my mom and was PR for the estate.Even though the will identifies you as PR (personal representative), also called executor, an estate attorney needs to execute and record these documents for you before you can act as PR.

The least common is a letter from a lawyer or CPA, these are usually difficult to obtain.In regard to proving a negative.