I'm saying, be selective on who you show the deal to. 

@Erick GarskeNatural landscaping for your area is the most cost-effective to maintain.  

The licensing div. of your State should have some input and the ability to effect some level of response.  

Do you have  enough for all the needed materials but simply lack the money to pay for the labor needed to effect the repairs in total?

I deployed overseas four times and was not able to manage the apartment building effectively, so I hired a property manager when I worked as a contractor in Afghanistan.

You may start out managing but if you don't continue then you will not have budgeted for future PM.First you said, "15% Repair & Cap EX COMBINED" then you said "Repairs are being budgeted at $150 a month" so I was unsure of what percentage you ended up doing.I did 10% vacancy, 5% cap ex (which is low), 18% R&M because your last statement was budgeting $150 per month.Our calculations may differ as I take the vacancy from the Gross Rent to achieve my effective potential (some may call it something else) and then begin deducting things like Taxes, Ins, PM fees, utilities (IF they apply).Since you didn't put taxes nor insurance I put $1000 for each.

Most newbies I meet who say they're wholesalers tell me that they selected this strategy just because it takes "no cash and no credit".

I've seen a few properties in my area that I think may be under-priced relative to the value they would have if they were promoted more effectively to the right buyers.

I have had one of them for 6 years, what will be the effect on my personal taxes?

I started last year but completely put everything I learned into full effect this year!