I would recommend doing some searches for "wholesale" in the BP forms and I know there have been some good podcasts with wholesalers from entry level up to multi-million dollar business owners.

TIA.If you want this house (that's the first question) and it has some cosmetic deficiencies and it's in a great neighborhood, I would offer him a lower sales price (like 30% lower if that's more in line with what the property will appraise for), take his financing if:there is no prepayment penalty and it's 100% financing the cash flow is acceptableand then refinance it with a lower rate product with no seasoning on title or wait out the conventional seasoning period and refinance it with a Fannie Mae loan. 

Agents further East or south of me need to have more than one.Sounds like in tx there is a lower barrier to entry to be a solo broker.

You should also add an entry for Miscellaneous expenses (5%) to cover things like Pest management, unit turnover, accounting, Legal, etc.8.  

And in addition, one month lost is actually 8.3% vacancy (more than budgeted) so our CoC is lowered further to 3% ($600 annual or $50/month). 

This situation makes me think how so many people believed the lie the US govt told people that their home is their biggest asset Well ah yes if you want to sell and live in a lower priced house. 

However, the buyer had agreed to continue with the purchase after I agreed to lower the purchase price to meet the appraisal amount which they had a loan commitment for.

Some banks have lower minimums. 

There is a huge demand for lower-priced housing with the growing university and manufacturing boom happening out off of USA Parkway (for those familiar with the area).

the banks are simply cross selling their  products   figuring the more connections they have with you - the longer you will be a customer ...often they will offer an incentive  like a slightly lower rate  or removal of a loan fee  in order to  entice you to open up an account ….. don't overthink this  option …..all the best