I agree with @Matt Shields that most real estate professionals value a referral or online review like gold. 

@Aaron KlattI don’t agree!

In regard to Seller Finance, and provided you agree on better price:Seek to have him to do full seller finance based on the following: 10% Down.5% interest are balloon for 15 years (take 10 if negotiating down) 30 years amortization.

You as the seller can simply reduce the agreed purchase price by the same amount as the option fee.

If everything checks out, I typically do a 50% / 50% split but you can do whatever the two of you agree to.

I need help understanding exactly how this would work out:"Balance between your cash and agreed upon price would be financed at 7.5% with payments of $300 a month."

Just listen…Episode 283 Paul Thompson - Quite a new episode but I would think everyone would agree this is a top episode.

What do you think an ethical wholesaler does if they fail to find a qualified buyer by the agreed upon close date?  

I agree with @Eric Gardiner here, if it were me in your shoes I would consider getting a HELOC on the UT property (because its the cheapest money you can borrow) and keep that cash flow going.

its happening and becoming more popular in cities around the world and USA, but agreed first stop is your building department to see if theyll allow it