I also want thick wooded canopy with huge potential.  

I don't know the legalities of this, but a seller long as the seller knows what isn't happening and the deal is a good deal, me as the potential end buyer is really only concerned with the numbers.

local laws to landlord .Appreciation potential ?

As I expedited a few of them themselves are interested and one has put me in touch with a potential lender.One other train of thought is have you talked to a commercial portfolio lender at all?

Then if there are no hammers coming down from the town code enforcement officer, the studio apartments would potentially net $300/each/month after expenses (those include Heat, Electric, HW).So the potential positive net cash flow is anywhere from $300/mo - $1500/mo. 

I did not pay, as I thought the free is more than enough.I do have to say that there is probably a 50% flake factor once you set the appointment, and the potential tenant does not show up.

Failing to raise rents to keep pace potentially means a loss of income.

You'll pay a .25 point hit on the rate because they are collatorilized against investment properties, but then you'll potentially reduce the impact on your family if things go bad.Hope that helps!

Maybe I didn't phrase my question well.So say I'm doing my first wholesale deal, how do I tell my list of potential buyers the terms of the deal I have to offer them without first signing a contract and creating those terms with the seller I found?

As you grow your portfolio, this may handicap your investing potential.