Then the investor expects that investment to perform that way in year 1.

Ethics aside, what difference does it make to a seller whether they receive $0 or $1,000 if the wholesaler is unable to perform?

In this case I would just pay the management company as my time would be a lot more valuable and I would not want to spend time doing administrative tasks such as described above. 

For example if you need to pay contractors for rehab work performed you will have to send a request to the custodian, they will have to process your request, mail out the check, it can take days/weeks.

We own large apartment deals in KC, Lenexa and Lawrence and have always found the KC metro to be a steady performer.

It also provides ability for multiple major tasks being done at once (while the utilities and foundation are going in, the building is already under construction in the factory)a few examples of projects (mostly the Florida and Louisiana projects) I worked on are at http://www.phncommercial.com/project-gallery/I will check with a few of my contacts to see who they recommend in NY area.

My task listeverything else.Pretty simple huh? 

I know people perform these transaction sans Realtors, but I have heard a ton of different opinions on the subject. 

Personally, my investors clients may start with working with several other agents, but over time - the other agents who don't perform weed themselves out and we're the last ones standing.Also, most of our investors don't require us to do detailed financials to see if the deal works.

This task seems a bit daunting at times, but I just keep chopping away at it.