You can write a,  exclusive agancy listing with the seller.

If it appears that The Consultant has disclosed (or has threatened to disclose) Information in violation of this Agreement, The Seller and/or the Buyer shall be entitled to an injunction to restrain the Consultant from disclosing, in whole or in part, such Information, or from providing any services to any party to whom such Information has been disclosed or may be disclosed, notwithstanding that this Agreement is not exclusive to the Seller and or the Buyer, and the Consultant shall be allowed to use such confidential information under identical agreement with any other third party who may be interested in purchasing the Seller's and/or selling to the Buyer up to and until the time the Seller and/or the Buyer have entered into their agreement(s) to consummate a financial transaction.

I see wholesaling and flipping as two different things that are not mutually exclusive (they intertwine and cross).Flipping is putting some effort into repair, upgrade, or curb appeal.Wholesaling is about turn-over.

Scott:Regarding working with one realtor, yes, that would be the ideal if you buy his /her listing exclusively.

There are often many exclusions and I have persoanblly seen on several occasions properties that have had liens show up after the title policy was purchased and after the property was closed on.

From a Seller's perspective, you the buyer are offering $X to have an exclusive right to complete a purchase of the Seller's property.

I would also comment that "screenings" (and the policies regarding screenings) are meant to be exclusive.

The area I'm working is almost exclusively mid-century homes from circa 1950, so they're going to have lead.

In J Scotts blog he includes closing cost and repair cost when determining Cap Rate, this is confusing me a bit.Cap Rate = NOI / Property PriceJ Scotts Blog Introduction to Real Estate Investment Analysis His example under Cap Rate looks like this:Here is the cap rate for our example property:Cap Rate = NOI / Property Price= $37,169 / $418,000= 8.89%If you look at the blog he breaks down the 418k at the top in the Cost Assumption table: I am trying hard to learn and remember these financial terms but depending on where I read I find discrepancies and it makes me crazy.As we all know the inclusion or exclusion of different factors can change the numbers and make a good deal look bad or bad deal look good.I'm just trying to get this stuff straight so I can create my spreadsheet and know its providing accurate data.

I believe the law reads that the five years and two years still apply, but you have to pay capital gains on the period you rented out the house for example if you rented it 40% of the time then your exclusion would be reduced by 40%. .