It's not stated in the contract, but I didn't know if certain states require you pay that if you get that full price offer and you decline it.  

Was it written into the contract?

A lot of people make it seem like this:1) see obnoxiously grassy lawn2) knock on door3) see a visually distressed owner4) ask if they want to sell their home5) they say yes6) get them to sign a contract for me to acquire their home for 30% off the value7) pitch to buyers8) sign contract to buyer.9) send docs to title company10) receive cheque...and BALL OUT/ReInvest lolI feel like this is partly true but maybe missing a step or two.

Also, both a 401k and a primary residence both assume the economy will not be in a contraction when you go to retire - an assumption that has burned countless many people.I would focus on creating passive income before worrying about a primary residence.

You're assuming the wholesaler can't close the deal themselves, while that's certainly possible, you can't really say for sure without knowing what kind of contract they have with the seller and what their financial situation is.

The CAR forms are pretty good, but are based on CA laws and you'll want to be sure to have a contract per OH laws. 

I have a client who is under contract in Ogden on a duplex and I don't know Ogden very well.  

What if I figure a contract for deed for the property?

Is it smart to pay units off before 30 years or is the idea just to soak in the cash flow and and let them pay themselves in 30 years? 

It was listed on the MLS and I didn't know it was a wholesale deal until after I made an offer.Have you purchased from a wholesaler with a contract like this before?