But there is risk in tackling large rehabs which is why not everyone jumps on these deals.

I plan to keep it as he has already planned for it because we share the same vision.Deciding to do with the retail is what I'm tackling now.

There are some ongoing initiatives by the city that is trying to tackle some of these areas, but when a wholesaler says "up and coming" they really mean "give me your money and hope you get a return before you get tired of handling the headaches."

However, if I can tackle the utilities I can improve the cashflow considerably.

We sincerely appreciate it.To tackle the response in a respective order, let me begin with:1) You're correct on the first question, we are looking for labor and material estimates for the project... is the only way to obtain these, and I suppose present them, through a contractor?

My team can help provide you with a trust attorney, finance advise, and provide better insight on how to tackle this to make sure that it leads to a path of generational wealth for you and your family.

Also, I would be interested in partnering with an experienced individual to tackle the right properties/strategies with.

Would you guys suggest starting out with something like a duplex and trying to be the sole investor, or tackle a larger project and bring in partners?

Thanks everyone for your well heard advice, we shall what happens with this wholesale and if anyone is willing to tackle it. 

Hi Robert, it appears your question has 2 parts so I'll try to tackle the 1031 piece.