As long as you keep taking action, getting results, analyzing those results, changing your actions and take action again, you will ultimately arrive at your goal, even if you discover along the way that your goal needed to change for whatever reason.You don't actually fail until you stop pursuing "The Success Cycle".My $0.02 ...It's obviously a useful concept.

@Joe Falk great concept overall with the exception of shared warehouse.

The concept of implicit abandonment is supported by judicial rules for interpreting statutes which require giving effect to the legislative language. 

These are like your long term goals and by nature they are squishy: Be the best father/husband/ brother you can be, work in a career that makes your community a better place to live, become a world class Scrabble player.

I will also develop the design concept and provide drawings and he will manage the labor and trades. 

The concepts make perfect sense, but the number aspect is a little rocky for me.

You know that old saying "if it sounds too good to be true it probably is" rings in my ears when I heard his story.However even before I met this guy I had heard of this concept of master leasing, but I never bothered to explore it.

But the nice thing is, once you get these concepts down, it's really straightforward. 

The same concept applies, but a furnished place is a whole different set of potential tenants, many are more likely to be short term so correct more quickly if you don't see traction early.

I’m 19 years old,  I understand the concept of it, I just want to know how to find cash buyers, and the ins and outs of wholesaling in general.