@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.

We are also temporary heat providers for most large construction projects in and around Buffalo NY, neither I nor anyone in the industry that I know if has been contacted about setting up temporary heat for this project which is normally one of the first steps before a project gets into winter. thats a nice cottage industry winter heat.. 

My agent is saying that we are unable to split the contract that way (or reduce the purchase price), so I'm trying to figure out options.

Given the circumstances, I’m unsure whether to proceed or back out of the contract.

I was hoping someone had a referral for an investor friendly attorney who can help with contracts specifically dealing with wholesaling both MF and SF.  

I just bought a SF rental from a wholesaler in Detroit (just north of Bagley and south of Ferndale) and have another on market deal under contract in the Morningside area.

I'm currently in college, but will be home for winter break.

I currently own 2 rentals in the Phoenix market, but I'm ready to take it to the next level.If anyone has questions about commercial leases or purchase contracts, I can help with that. 

Quote from @Marc Winter: Marc, that explains why I'm not getting any traction on my topic!

3) can the seller refinance or extend the terms of the contract?