Neighbor wants to sell

[Ken Riedel]

Have a neighbor who's selling, and heard that I was interested in real estate investing.  Here in L.A., there's no way to get the deal to work out as a rental or a flip without a huge price concession -- something they're not likely to accept.  Property needs some minor work -- probably about 5-10K.  It comps out at about 410k.  It's a detached condo.

Is there an opportunity to add value for my neighbors and make some money?  Was thinking about wholesaling it, but I've never tried that before.