What due dilligence should a wholesaler do?
People who have bought from wholesalers or wholesaled what do you think?
Should they make sure permits were pulled? Check for violations with county? Have any actual inspections done? Provide a scope of work for buyers?
I can tell you that I personally have done a mixture. I have taken care of violation fines out of profits as a term of sale, I have provided a scope of work, I have passed on septic inspection footage, etc.
My thought is that while it may make it easier to wholesale the home it could come back to bite you. For instance if you provide a scope of work and there are things that were unaccounted for your end buyer could feel "cheated".
What do you guys think?