The guru your son is learning this technique from is likely not telling your son that the deal will almost certainly encourage your son to get an "off-market" deal from a "wholesaler" who is unlikely to properly disclose the details of the property or encourage an inspection. 

Inflation takes off 4th quarter.  

I’m also interested in the Louisville market - given the SF Bay Area (where I live) is too pricey for a newbie like me to start off in - and I travel to Louisville several times a year for work.

Dan first off congratulations for taking the plunge and getting started. 

Good for them for making that kind of money just for making the introductions.The other thing about working with a wholesaler is that you are likely working off of their Contract timeline, not your own, since they likely secured a contract before you came along. 

They did have one then took it off the app store.

She promised she would have her Supervisor call me (she was so rude you think she had gotten ripped off not me).

They could hardly answer any questions and the ones they did answer just seemed a bit off and lacking.

We purchased it off market, as-is, and as it was our personal home, we renovated over time.

If it is only one flip for now, I suggest you find a CPA just to advise you on State filing requirements, ensure you are claiming all write-offs and issuing 1099s, etc.