Quote from @Chris Garnes: Sounds like you need the money for rehab? 

Hi All,I  heard a lot about wholesaling real estate and it’s sounds like a good way to enter real estate with a low investment.Only thing is I get very skeptical when I see gurus on YouTube pushing and selling courses for certain industries. 

They don't care when you try to explain all the future projects, they actually hate hearing that since it sounds like a scam, when an investor says, "Give me a good price and I will have a lot of work for you" it sends chills up their spines. 

The gurus make it sound easy , because they are willing $10k courses to newbies - 

Exactly what it sounds like.

Here is what we have found and I will probably catch some heat for some of the things I have to say, because it does not sound "investor-friendly".

That's probably sound advice for single family rentals or flips.

For this example it looks like I would need to buy it for much less than asking price if the numbers stand right, can an experienced rental/flip investor look and see if these are sound?

What you're posting about does not sound out of the ordinary at all. 

It does sound to me that a lot of that work should have come out of the tenants security deposit