if you borrow 400k at 5% with a 20 year am your payment would come in @ 2.639k  leaving you a cash flow of roughly $900 a month.If you forgo the 1031, eat that tax and and invest the 250k you should be able to get a 4 plex, rented at 550 per unit yielding 2.2k in gross rents netting 1.1k (using the 50% rule) but you don't have all the other units rented out and tenants paying the mortgage for you building equity.Note these are rough numbers but my wife recently helped a client buy a 8 plex here in PHX and the buyer looked at a lot of properties over an extended period before finding one that worked  for them.  

@Jasmine Wilkes  Yes should have the option of ending the client relationship.  

Some have postulated that with the renminbi being devalued and the Chinese stock market 'crashing' (only back to Feb 2015 levels) that foreign investment from China would slow down but anecdotally at least we haven't heard that from our Chinese clients.

I have done fix and flip and wholesaling myself so I understand the investor mindset.I am working at Coldwell Banker in Lakewood/White Rock area of Dallas, TX but I am willing to travel all over DFW and the surrounding to area to serve my clients.

They service clients across the country and US.Cheers

Does anyone know if they prepare the note and deed of trust for their clients?

@John Fedro if you do not already have it, it might be good resource for your clients of the program.

One thing I do differently than what Mark suggests is that I have my clients pay the closing costs (lawyer, land transfer, etc) vs my paying it. 

You should definitely get that doc anytime you, as a licensed agent, work a deal with a party that is not represented by an agent, whether or not you're wholesaling.I do create simple contracts for my licensed clients and if your broker approves, it's all good.

Generally this type of lien goes to the case, that in the event the attorney's client prevails and restitution is made, the attorney has a lien on the proceeds.