If the investor had to sell right away for $240k, with closing costs and commissions, they would most likely lose money.The other key point is without any improvements, the new appraisal will be $205k, the price you sold it to an investor for, not the $240 comps in the area.Wholesaling works best if you can find an off market fixer and the rehab the investor puts in forces a significant improvement in value.

For the past 2-1/2 weeks (took a week to realize and decide that I don't have much to lose except for a little bit of time, a little bit of gas, and a little bit of wear and tear on my vehicle) I've been doing Driving For Dollars to find these properties.

These clauses are there to protect the builder and the trades from losing money.

Though I believe I will lose money on this house, I want to begin finishing this house so I can sell it to use towards better investment properties.

If you don't know how to do the math and when broker or friend will help you then you should stay out or the real estate business or just cross your fingers and pray.As for the area you invest in, I would definitely stay away from investing out of your area and I can write books on the reasons why you lose a huge percent of your potential income, or even lose money and hate the real estate business.Never forget that nobody represents you.

Waiving the inspection simply means you are willing to lose your earnest money to get the deal under contract.  

I actually managed to lose money even as a long-time GC with a partner who had deep, deep pockets. 

Tenancy laws freezing rents during Covid until end 2021 and only allowing to increase rent (5% ish) once every 12 months - the landlord is definitely losing potential capital.What could/would you do in both the Landlord and Tenant situations?

There would be a 3-strike you’re out rule for violations with an increasing fine structure for the owners before losing their license for the remainder of the 2 year period.

So here's the bill:1 Service call (July Special) 1.00 $100.00 $30.00(30.00%)No Tax $70.002 Labor (defrost and clean condenser coil) 2.00 $100.00 $20.00(10.00%)No Tax $180.003 Co2 Coil Cleaning 1.00 $25.00 $1.25(5.00%)$1.43(6%)$25.184 R-410a Refrigerant 2.00 $65.00 $0.00 $7.80(6%)$137.80Subtotal (without tax) $403.75Taxes $9.23Grand Total ($) $412.98As an aside, the fact that vendor added refrigerant is a red flag to me, as it's my understanding that cooling systems generally don't lose refrigerant unless there's a leak, in which case the leak needs to be addressed.TL;DR: AC not cooling.