Example- I received a request from Lori McMahon this morning with a proposal on some business.

You can pick up a ton of information here in the forums, try to set a direction as to the areas you want to focus on, and find many qualified mentors/coaches here at a fraction of what your "friend" is proposing.

Landlords just attended a city council meeting over a proposed ordinance requiring everyone who even rents a room in their home to register yearly and sign that you have access to applicable code and will allow entry into the property.

Usually local/regional banks will be better and most will consider using 75% of the proposed property's income towards your DTI.

Since you are interested in fix and flips, I propose the following action plan.

He will understand the process with the city and can give you a proposal of cost and timeline. 

Also, people are seeing my deal & starting to request my proposal for private funds; which is good!

I've just found out about a property for sale by a wholesaler here in NJ and want to know if the proposed offer process is typical.  

How do you propose one does that?

Closer to the proposed property is better.I hope this helps!