If I get a property under contract and intent to wholesale it.Let's say we agreed 45 days from now would be the closing date.Because this is my first house under contract, I scramble all over the place trying to market this property as a wholesale deal and I can't seem to find an end buyer.Would I be penalized of some sort for not being able to come up with the funds on our 45 closing date?

Is that the sort of situation you want to be in, especially long distance?

Of course if there are dire circumstances or some sort of major tragedy then you can consider it.

The four years of college will go by faster than you can image.

Non-capitalized buyer - sort of - I could have a 25% DP and private financing arranged very quickly, but all cash closing would take a little longer. 

Safety part of the syndication concerns me.Which kind of professionals would advice on these sort of financing aspects?

What you have here is two separate tenants, at their own expense, installing washers and dryers.That is a pretty damn strong market signal that units of the sort they are renting should include a washer and dryer.Install a coin-op in a place where the market is signaling a demand for in-unit washer/dryers, and you are deliberately bringing your property down-market.That is not the direction most landlords typically want to move.

This is an image of my current property numbers before property management expenses (10% mnthly rent).

The next generation of copyproof CD's that got all sorts of backing only to find out that a lowtech sharpie marker could beat it. 

Sort of a non-traditional route, but I found the folks at Lowe's in Highland Heights (KY) to be really great for this!