As for plan B, I guess they're still counting/betting on the market condition heading up for at least 2 years, plus the high return (given those are executable numbers, just like you said) as a safety net.

An offer typically should tried to not be be executed till after that time frame.

(Sidebar   - An example required in NC for Contract for Deed (your attorney may suggest something similar for your case): If the property being sold is encumbered by one or more deeds of trust, mortgages, or other encumbrances evidencing or securing a monetary obligation which constitutes a lien on the property, the seller must notify the purchaser in a separate written disclosure, provided at or before the execution of the contract, in 14-point type, boldface, capital letters, the following statement: THIS PROPERTY HAS EXISTING LIENS ON IT.

This is infinitely repeatable, assuming that you are as good at managing managers and executives as you are direct reports.Working with your brain (which I'd use interchangeably with "White Collar") requires a college degree, and may not necessarily be the best way to get started.  

Set up a simultaneous closing, get transactional funding from a hard money lender, buy the property by executing your option then go and sell the property the same day....  

My goal is to develop, and more importantly, execute a business model to solve these issues.

Joe Howard

By selling the LLC first, you only do the one closing...which is done by the new LLC owner who is just executing the original accepted PA.If the agreed on price in the PA is 70,000, you should get paid:1 - Whatever your assignment/wholesale fee is (this is now called the price of the LLC)2 - Reimbursement for your EMD money you put up (this will get credited at the time of closing for the buyer, just like your EMD would have been.  

The difficulty only lies in the execution, i.e. finding the capital and the deals, but that has to do more with the person than the idea. 

It takes risk analysis and careful execution.