Wholesaling: Protecting my Deal!

[Taylor Dove]

Hey there BP! 

I have a seller in north Florida who’s family member passed away about 5hrs away in South Florida. He doesn’t want to deal with going down, fixing it up and listing it. 

The property is vacant, paid off, lake front, and over 1000 of Living sq ft.

My question is, for me to send the address to investors in that area.. Would I need to have the contract already signed, with the seller, to protect myself from that investor going behind my back and making the deal with the seller? 

I’m trying to figure out a way to get an understanding of how much work the property needs, I’m just not sure the best route. 

Should I order an inspection of the property before I make an offer? 

Looking for a bit of guidance! 

Thanks!