Newbie needs advice on helping on what I think is wholesaling.

[Shane Bowling]

I hope this falls under the category of just asking for advice. He has options for 50k each. I ran comps out to a half mile and it appears the most recent sales of the most similar homes are 80-90k each. He wants to sell them both for 120 total. I assume that 50k margin between 120 and 170 should attract someone who could retail them since they have been fully rehabbed and don't need any work, or I guess they could rent them for maybe $1700 a month total if they wanted to. I don't know how to find buyers for something like this and I don't know how to structure the transaction if someone is interested. I guess what I should really ask is how does my friend, who is not a realtor do this? I can't do anything because I am not part of the deal and he doesn't own the property and if he tries to market it then he's doing unlicensed real estate so how do these things work? I know people do them.