(This is someone I know, I'm not looking to short change this person on the deal, I'd like to provide an industry standard rate of return)What type of contractual documents should I have drawn up for this?

bottom line as stated above.. this whole half truth no truth business model of so many wholesalers is just total BS and a stain on the industry.. look what its done to you..  

I have a lot of friends in the mortgage/finance/real estate industries I can tap for information/help.

Many people new to the industry are just enamored with the idea of "CRE" but there are many different facets or ways to plug in, as noted above.

I’m just starting off in the wholesale industry and live in NYC.

I’m just starting off in the wholesale industry and live in NYC.

Biden had some interesting ideas for jobs that related around our industry.. 

I’m new to the real estate industry and I’m looking for my first deal in the Midwest, something I can relocate from California and pursue and get a job in the welding industry, and invest on the side.

I work in a very stable industry and my company gives a raise between 4-8% every year so my income stream is a minimal concern.

@Benjamin ArrittThe financial services industry has a couple tools that likely do what you are looking for.