There's a lot of stupid money out there, including a lot of 1031 money that's absolutely desperate for deals because they are so over leveraged that they don't actually have the cash to pay the tax they would owe.  

Having cash is power.. cash is king.. you can demand huge discounts when people are desperate..., but just realize if you stay with him funding it all, he'll be calling all the shots, and if a disagreement happens-- whoever has the money wins.. and yeah, that's your dad.   

Dude, for poops sake, if you want to complain and desperately proof your non existing point, just do it in a personal message.

(Of course, that depends on your not being desperate for the cash from the sale.)I have no idea whether that strategy works in Maryland or Tennesee or anyplace else you're getting advice from, but it works in Texas.Good luck.

Like when you buy a house someone desperately needs a sell so the seller deeply discounts it.

Desperation causes mistakes.  

Ok well thats good to know @Curt Davis I just didnt want to appear im reducing in desperation.

I just desperately want to get started and need to start building my track record. 

You did this wholesale deal with a seller who by your own admission was 74 years old and 'desperate for money.'  

If so, "why are the Fed, FDIC and Treasury Department so desperate to drive down interest rates to zero, buy troubled assets, ruin what used to be an efficient debt market in Mortgage Backed Securities, Corporate Bonds and Preferred Stock?"