It just allows more exit strategies for unknown situations.

Obviously, any buyer would discount the price they’d pay, due to not having possession/use of the property for an unknown number of years. 

Actually it might be the worst.It's not a matter of learning the process; it's the fact that you are buying a property in unknown condition, both physically as awell as financially.

I was thinking that may get the post rejected by the admins.My Price is $75kAs is value according to RVM is $98kRepairs according to a contractor <$20kARV is $150-$170k according to CMA.I know it's a deal, I just don't know how to go about completing it.I planned for it to be my first flip but I decided against trying to flip it myself because of all the unknowns; hence, I have no idea how to wholesale it because that was never my plan.This is where I'm stuck.

If you have a below market rent for a good tenant, but have to place a new tenant that inherits the rent base of the existing tenant then you are supplementing a new tenant of unknown quality.In part due to rent control, reduced rents even on non-commercial MF (4 units and less) does affect the value of the property if you need to exit for any reason. 

My point is that there are always unknowns and even more unknowns on your first one. 

They have subs to pay and the subs want to be paid too--they have families to support.Also, you are an unknown to them, why would they want to partner and do work with you? 

Plan for the worst when dealing with huge projects because there are so many unknowns when you open up walls.

It is always difficult to go back to the seller once you have an agreed upon sale to discuss previously unseen and unknown issues on the property which may need some concession or seller to address.

My intent for new construction was to keep maintenance cost and unknowns low.Please advise - newbie in the area for 2nd investment.See below the image of the potential build.