I was recently able to observe a flipping transaction from walkthrough to contract which gave me incredible access into the world of flipping properties.

Do your homework on the tax advantages that he will observe by not taking a lump sum so that you can help convince him. 

Again, I want to be clear I haven't done this research, these are just my observations from visiting frequently.

Interesting that the neighbor observed this and didn't go investigate. 

The listing was horribly written so it was unclear to the casual observer.

I'm seeing something similar in my area of interest, and though these are ultimately also all related to modeling input assumptions, here are a few things I've observed:+ there is a big range in price per unit.

Hey Devon,  I don't do wholesaling, to be clear, but just a few things I've observed:  Several quests on the podcast have said that if you find deals, the buyers will come.

@Carlos Guzman Since becoming a tax preparer (enrolled agent) and observing the practices of those who are more experienced than I, I have found that is more common than not to not disclose fees/give quotes up front.

See also this BP topic that describes in detail some of your observations.

Go to the auctions and observe how they run things.