No it's your friends boomer parents giving the downpayment to your Gen Z/millennial friend to buy that house to their newlywed son with their new daughter in law/wife being emotional and running up the price because it's a "dream" house.

You will need their advice on your state & local laws to properly proceed.

They're going to want to check with state law to confirm how the general assembly sees "notice delivery" as a whole. 

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

I am reporting every one of them now as this has gone on for years and is ridiculous that people don't know how to follow the law! 

Quote from @Tom Nagy: This company is a complete real estate and investment ponzi scheme. 

I would guess many government workers are renters like law enforcement and state department as they rotate in and out of the field offices to DC.

I also know of several law firms who have not been paid in over a year then will not work for them any longer.  

I found a good turnkey property company out in Memphis.

New Jersey state law allows for owner occupants to have much more freedom.