Sorry i meant MLS, GA uses FMLS as one of the multiple listing services.. but anyways wholesale sounds like gambling... !!

Youve chosen a great city to want to move to!

The thought is I could keep the same good tenant instead of gambling on an unknown tenant, the tenant gets continuity to their business instead of finding a new place for likely similar rent, and I get to increase my NOI for sale or refinance purposes.

I've chosen to invest in Texas because Census say it's the fastest growing state (https://www.census.gov/quickfacts/) and a lot of companies are moving there.My question is, if you were me, would you:1) fly to Texas, get to know the city, then visit again to inspect rehab work? 

But it’s a gamble and I’m willing to take on a little risk.

I need to keep looking for one that actually wants to perform the duties of their chosen profession.  

I'd like to know more about why those areas were chosen and to get a little insight into the mind of this real estate "flipper."

If you had chosen to just flip the Contract to someone else "as is" (no repairs) for no other profit margin, you still would have kept that $200K that would have been spent on renovations, no fuss, no foul, it's your money.In month 14 after you have spent a lot of time and $200K on repairs, the owner gets drunk and plows his car into someone else and is found liable for killing someone. $2 million judgment against him. 

Or is it too big a gamble?

Very happy my deceased had chosen an alternative process!