Using the traditional wholesale method in my market those not work as well in comparison to your market.In the NYC and NJ market the sellers are different type of breed of people and they have back out many times for silly little things, I am sure in your market a hand shake is a bond but in this market time is your enemy and whatever way you could prevent a seller from backing out, this is an added option for it.I dont know why you want to focus and the"stress statement" that was just added information but that doesn't make or brake this strategy.The conclusion, many responded here that using the MLS would get you a higher profit margin.

look at your 401K portfolio and see what your expected returns are (or assume 7% for stocks, 4% for bonds), assume you are going to max out the 401K and get the company match and you will be getting 3% raises every year....bring that out until you are 65 (22 years)...  

If you still want to pursue the abandonment route, you can check out the lengthy process here: http://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?

At a minimum a business license for the state and to actually do work in a municipality they probably require insurance and or bonding (if the state doesn't or labor and industry). 

The burglar was arrested and has a lengthy record so he will be looking at some real jail time.

Turnover is low and our properties rent up quickly, even with our extensive screening process and lengthy rental agreement.

A licensed GC can acquire a bond for commercial building and apply individually for building permits, to name just a couple of advantages. 

This has no doubt encouraged investing, especially in the corporate sector which now has something like 2.5 trillion in high yield bonds.  

Let me preface this lengthy post (I'm new here, is there a limit on length :-) by saying I am not desperate to find tenants.

Absent a Will it's likely the bench officer requires a Bond for max value of any cash proceeds potentially generated by the sale.