@Wayne BrooksIn Texas and if I remember correctly when I bought pro in Nevada, title companies have the buyer and seller sign a "Tax Proration Agreement " which basically says that the title company is estimating the amount of the prorated taxes and the title company relied on a third party for the information and if the probation turn out to be inaccurate ((usually do to changed tax rates or appraised value) the buyer and seller agree to solve it amongst themselves.  

I don't want to be a slumlord, but I don't want to go broke fixing up a place and only rely on the improvement deductions and depreciation come tax time.

I don't want to be a slumlord, but I don't want to go broke fixing up a place and only rely on the improvement deductions and depreciation come tax time.

I'd prefer just a couple of really good wholesalers I can rely on.

Now folks, this is contract law, a contract that requires one party, like a borrower, is unilateral as the lender relies on the performance, duty to act, of that borrower.

From what I've learned on BP and other investing sites both sides rely on lead generation but how different or similar is investing vs the traditional side beyond lead gen?    

I need to rely on wholesalers which I'm happy to.

You have to rely on someone with experience to help you navigate the minefield.  

I'll attempt to shed some light, but must preface it by saying that this is intended to be educational and informative, and is not legal advice, so you can't rely on it.As mentioned above, CFX is developing a secondary market for RECF at the moment, and so long as they execute well, are in a good position to do so given their relationships in the industry (as it's probably not the easiest thing to get buy-in from all the major platforms).Currently, the regs around the secondary market--at least with regard to private placements such as the 506(c) and (b) offers that are common on the RECF platforms nowadays--are still evolving.

If you think you're going to rely on others to  do the brain work for you, need to understand that the professionals in real estate generally regard wholesaling as unethical as well as illegal at some point.