Despite a degree in CS, and being a very technical person in general, I've always enjoyed business and finance.

Personally, I would walk away, but he's emotionally invested, so, I'm trying to give him at least some tips, where he should ask for changes in the contract, which probably won't happen. 

Personally I would have less peace of mind knowing there's one more point of failure for a potential gas leak.I'd go electric over gas in a rental unit.

But after thinking about it, I realized it's definitely cheaper then Trump U. and what have I got to lose besides $260/yr.

If you are that person, please let me know! 

After looking back on the past couple of years and reading similar stories, I wanted to share some of my story.In mid-2014 I was turning 30, had recently changed positions and was beginning to realize that my financial future was limited by my employment.

I would mention to the person you do know that you would be interested in purchasing the home and see if they know the families position on selling. 

I have had numerous businesses through the years but it was serious health issue and the realization that disability social security payments would not allow me to live that made me want to build a successful RE portfolio.

I have found each group has its own personality and "vibe".

Well @Stacy Davis I have never done wholesaling, so i might not be the guy to ask, but I might be the guy buying your deals, I did one Wholesale deal of a Multifamily hear in San Diego, and i didn't want to wholesale it, just a client came while i was in escrow, and i Just assigned the contract to the person, yes  you need the earnest money and thats about it. some larger wholesaling companies charge like retainer to make offers maybe thats a path you would like to take. feel free to send me PM and I see if I can help.