For instance it would be much more profitable to spend that lunch hour meeting with their team or a potential new source of financing rather than meeting someone they don't know.Now it would be a completely different story if they actually had met you before and saw that you were hungry to know more.

For instance, funding A with your reserve checking account and funding B using your business line of credit.Essentially, I am getting that a good rule of thumb is the one should generally not work on more than a deal at the same time, regardless what the aggressiveness and risk profile the investor has, precisely because the underwriter can pull the rug unexpectedly at the last minute, and we don't want that.In my example, A has to close first before resuming talks with B (assuming the market hasn't taken over B yet).

For instance, absentees, but also vacant and a rental.

So its really a combination of those watching late night TV or reading BP success stories of one guy talking about how he just made 50k on a flip.. that thinks he or she can do that.. then the other side of the coin is the person reading BP or Guru stuff about wholesaling and you marry the two and you have a cluster  LOL.But suffice it to say wholesaling or flipping props you don't rehab is different in most markets.. and inventory is an issue in many... for instance the big wholesaling shops in Orlando have closed.Altura which I funded at least 150 deals that they wholesaled back 3 to 5 years ago is no more.your blessed working in OHIO and there is pretty much never ending inventory there.One of these days a hedge fund is going to get the idea of making a run at all this low value assets..

There are still instances where there are not yet good LED fixtures available (track, vanity lighting, range hoods) where we will use fixtures with GU-10 or PARA-20 LED bulbs.Out of the more than 100 LED fixtures we have deployed, I have had 3-4 fail (lights begin to flicker) in the first year - but have many which have been in service for 5+ years.

For instance everyone has seen a flipping show on HGTV but they don't know the first thing when it comes to finding deals, calculating the numbers, making offers, closing contracts, managing the rehab and selling the home. 

@Shiloh Lundahl  your lawyer and HML in this instance gave you great advice you know control the deal I would not communicate with the other guy at all.. he is not going to sue you for 11k .. this deal is done.. get what you can get and move on.GAP funding is by far the riskiest you can do and especially with someone you met over the internet.. when and if you do this again.. you need to go kick the dirt meet the person look at past performance compare huds... see projects in process.. and under stand true values you cannot just take their word for it.. you need to act just like  HML which you are in this instance only worse your in 2nd position..

Say for instance the tenant has a cat and at the end of the lease u find multiple pee stains on the carpets as your doing your move out inspection.

For instance "Bigger Pockets" does not say "Bigger Wallets" If you interpret it to mean it is a group of people advocating the wearing of cargo pants, then it's on you.:)

What happened in these instances was that the majority of a given society believed that they understood their system completely, that there were no more surprises to be found within it...