I don't want to give up so easily but I also don't want to build a reputation as a crappy wholesaler by providing inadequate information regarding a potential investment property for someone.

Focus on building a system that might take that barrier and minimize it or all together remove it.

This is a big advantage to the newbie investor since they often either under estimate fixup and carrying costs, over pay on purchase or under estimate the final selling price.PML’s being inexperienced, unaccredited and unsophisticated will often lend the majority or all of their savings thus leaving them with no money to hire an attorney if the deal goes south.  

His wife knew about the oral agreement but she ended up dying too . . . this happened almost 10-years ago and I never asked the daughter if she knew about the agreement.

Might be a good time to have the system, or all systems in the building professionally serviced.  

Oral agreements are worth even less with friends and family than with arms-length strangers.

You need to communicate what TYPE of real estate investor you are.Development,land, residential,retail, office, warehouse, multifamily, etc.Within each asset type there is a subset.So for residential ( SFR ) there is a wholesaler just trying to assign contracts for a fee, a flipper who rehabs properties and sells to an end buyer to own, and a buy and hold investor who purchases for cash flow.You might do one or all of these things.

It is the intention of the Parties that this Agreement replace all writtenand/or oral agreements, understandings, and business ventures, previously, or otherwise, existingbetween the Parties.2.

All the details (and probably most or all of the answers) are in the Special Proceedings file at the courthouse.

Someone or all may not receive amounts owed.