Never having done a wholesale deal - feel like I don't even know what action to take.Probably no good statistics - but Curious what percent actually ever do a wholesale deal that spend some time trying.

Timelines, statistics of costs for various scenarios, and who and when things need to occur. 

Which is essentially true based on long term statistics.

BTW, the IRS and government can assess the value of an option through market and statistical analysis which is beyond the scope or reasonable means of a small investor, large corporations do it everyday and in financing options.

Maybe, the market value for this one IS less than he owes, so might end up as another short sale statistic anyway!

In particular all the transactions that happened on property, the past rents as well as statistics on sale prices/rents in an area/city/ZIP code etc.

What are you going to benchmark your statistics against to evaluate your PM's performance? 

Might I be so bold to offer some unsolicited advise.  

It's ridiculous -- no doubt the result of marketing people who never built anything sitting around in a meeting somewhere and finding statistics to justify their dumb ideas.Walmart's website is awful, with seemingly little connection to what you can go buy at the store.

And the lower the barrier to entry, the more unqualified people will enter, and create and become the dismal statistic.