If it is, and I still want the deal, regardless of all these issues, taking some risk if the deal will close, I will put the money to the wholesaler in escrow with a clause that says, if the deal does not close in 2 weeks, the funds will be returned to the buyer, just to be safe..

I want to pay them a preferred rate of return on their money without giving up equity in the deal. 

One wants to install a used refrigerator to save money, while the other wants a new refrigerator with a warranty.

I know that I stand to make more money per renovation by just paying for the work, but I'm attracted to the idea of partnering with him for a few reasons.

I'd rather use the money to buy another property(s).....

Although, banks have their place, private money is for a specific purpose and a specific type of investor. 

Were you able to get any money back for unpaid rent and legal fees, etc?

I read on here that it is a waste of time and money to pay any site for help and there is plenty of free info on the web.When I try to google for this free info or lists all I get is sponsored sites trying to sell their programs.

I lost money, hope you don't!

He has owned this property since 1999 and still owes money on the mortgage and we are interested in learning of a way to benefit the both of us instead of me using an owner occupied loan.