Let's assume he can do it, I'm quite certain his approach is more blackhat than socalled whitehat.
Since he's looking for targetsites, and because he by his own admission does not have sites in alot of different niches, the juice has to come from some non-related websites. Probably in bulk.
I'm pretty confident he can probably get top positions for good terms, but I'm also quite certain he's not telling you the whole story.
The real reason why he wants partners imo is because the targetsites have a short lifespan. That wouldn't be a problem if he could just buy random .biz domains, but the target sites also have to possess a good combination of age and trust and that can be costly and a pain in the ass to find.
If I'm totally wrong about the lifespan issue, then it makes no sense why he needs partners as others have pointed out.
So anyone doing this should probably realize that in the eyes of Google their sites will die in grease fire within a short timespan.
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