He said the simplest way is to have this electrician come back and finish the job and pay him the final payment.

In wholesaling, you are selling a deal...people buy the deal not the real estate.Get this deal done since it will be your first with the simplest exit strategy. 

The simplest way to address this is just refinance. 

The simplest one is a switch made under the name "DewStop"  Originally their switches came with an integrated timer preset to 30 minutes plus a humidistat preset at 70% relative humidity.  

Brian,Thank you for your reply.I actually relocated to Florida, and I am now trying to familiarize myself more with creative financing options.The Florida market is heavy on competition, so I need to learn more if I want a better shot at securing a deal here.Can you give me a common scenario, where sub2 would be used (in its simplest wording)?

In the simplest version, you sign a contract with a buyer to actually buy the property.

The simplest procedure is to find out what is owed to the bank including late payment penalties, fees etc.

How wholesaling works in simplest form:1.Wholesaler finds buyers and finds motivated sellers2.Wholesaler contacts seller gets property under contract after negotiating price for property3.Wholesaler flips the contract to his end buyer4.End buyer closes with seller5.Wholesaler gets paid assignment feeIt gets more involved then that but that's what wholesaling is in a nutshell.As far as the situation you described either the wholesaler was trying to assign a property from another wholesaler or he was doing something illegal buy trying to sell you a property he didn't have under contract.Those types make us legit wholesalers look bad and those types should be locked up.

The simplest is that you get an incorrect report or an insufficient report from a lousy vendor.  

Your simplest option would be to talk to local property managers.