Here’s the bottom line:No financial risk to partner = no motivation = can pack up his tool bag and leave.No contract can secure yourself and your investment when it comes to this type of partnership - there are too many what ifs and what to do on that if.Best case: Hire him as contractor, pay his invoice, move to the next deal.

Does the seller have an asking price?  

We finance for  real estate investors with a resonable  seller carry backs for 2nds 

It is inside the city and has natural gas.With the answers so far I am motivated to leave the gas as is, and just swap out the panel.  

In my market it is customary for the seller to pay for the 2nd appraisal when they are needed.

So whats all involved with the purchase transaction itself what needs to be done on my part and the sellers part. also, any suggested reading on this topic would be good as well. 

I am a newbie to wholesaling and I just had a couple of questions. 1) When I get a seller under contract do I need to provide them with a copy of the purchase and sales agreement?

Inventory on the MLS is light, making it a seller's market and driving values.

Only you and the seller!.

Shows you schools, etcThe issue I find with Zillow is that buyers and sellers get so HOOKED on the zestimate that it makes transactions a little harder.