So the basic financials are $281,900 purchase price, $100,000 rehab cost, then when this is complete the income of the property would be $850 and no utility expenses.I am planning on using the BRRR strategy for this property.My wife and my personal finances is I have $14000 in savings, $600 in another account and I have a line of credit of $40,000 with and interest rate of 7.8%.I have not exactly officially offered this $281,900 but I want to but before that I want to hear any opinions and things I may not have thought of.

If I blindfolded you and dropped you on the other side and told you that you were in Hanover, you'd be impressed with how nice Hanover looks.I'm told that the Mayor has an official plan to march that demarcation line further to the east. 

I found a property for $84,900, after finding a property what is the next official step to wholesale this property?  

5 day should be first then the lease is officially broken by tenants, then you can negotiate a new lease new rate including the second tenant if approved.

I am sure each branch of active duty has this official position, but I do not know what they are called in other branches.

Even if you have to pay for it, it should be looked at by an official, maybe with the subject city inspector or a referral from someone you trust about the environmental question.  

If the landlord gave you documents (including the estoppel) than you may be able to do something if this what you find when you officially start collecting.  

I'm 20 years old officially today, and have been thinking heavily about renting out properties for the last two years.

I currently do not hold my CPA and I am not giving you official tax advice but..You live in the state with THE HIGHEST state income tax but want to buy in a state with no income tax that gets their tax money through property tax (the 4th highest in property tax).

Even though they weren't officially on the lease, in that particular state/county, they couldn't be shut out.