I'll contact you later" type of response).Trouble for me is, I live overseas, so physically visiting this person is a bit difficult, but I'm not adverse to the idea, for the principle of the matter.My question is, at what point do I call the police? 

I think, to avoid any trouble for yourself, and to do what is ethical, is to take that savings you get back from Bob and bring everything up to code that you are aware are not up to code, and do better homework in the future. 

You are in violation of at least half a dozend rules plus there are moral and ethical issues.

You're going to love real estate as long as you learn to be effective and ethical. 

I am seeking a local mentor to learn from and hopefully partner with, while I do not have experience I do have a very high degree of motivation, desire and work ethic.

Nor is being a Wholesaler any less ethical than being a Realtor, in concept.

My plan has been to take up sales so that my work ethic has a direct impact on how much income I make.

I'm eager to learn as much as I can to create the empire I know I am meant to build for myself.While I don't have a real estate background or have all the knowledge, I do know what kind of life I want for myself, along with some great work ethic.  

When all the fancy guru crap is long gone and useless, the basic foundation of real estate principles will still apply.Good luck!

What that means is you basically ethically bribe the tenant to accept a few thousand bucks from you in exchange to get out in 30/60 days instead of riding out the lease.You'll have to do the cost benefit analysis though: are the rents so low that waiting 6 months isn't the better option?