My father recently offered me a car and I was ecstatic about the idea. 

You can save in time and have a better idea on schedule, but you still have to have site and foundation work done and at end of the day, its not a huge savings, just convenience.

But hear me, i appreciate your concern for the idea of wholesalers tying up properties that they can't close on.

Cook has written a few great blogs exactly on the topics you are discussing.  

Your silence on the topic should terrify anyone foolish enough to consider sending you money.

What are your thoughts regarding this specific topic!

I'm sure, but I still have no idea who they are lol...

It is an honor for me to know you and for us to share ideas from time to time.

I also need to gain knowledge of how to be flipper... any ideas? 

Here is my post describing that deal if you're interested: https://www.biggerpockets.com/forums/41/topics/345447-help-analyzing-my-first-foreclosureOnce the rehab has begun there and I have all my ducks in a row, I plan to begin some direct marketing around Clark Co. and Louisville to find motivated sellers.