This way it gives you a stronger offer and let's you know what you can get approved up to along with meeting reserve requirements. 

Rental market is stronger than the housing market here.

Our thought is that having stronger positive cash flows protect the investment and potential downturns in the market.I'm also curious what type of deal/property you would still do in today's market given your knowledge   and opinion? 

If the wholesaler's contract expires, an offer directly to the owner may look stronger since the you will be able to cut out the middleman at that point.It also matters what percentages you are talking about with this property. 

By taking out a loan, you can leverage your money stronger.

If you will potentially move back after a year or so, the case for keeping the property is a lot stronger. 

@William Deltoro  now your talking  find your money partner first then go shopping... makes you  a much stronger candidate to get the deal...

This is actually something @Brian Gibbons recommended to me and that I have found to be very helpful in making stronger offers in certain situations.  

If you really really want to buy an apartment in New York City the first thing you should do is to go to a Mortgage originator and go to FTC.gov and download your free credit report and bring that with youYour past credit history is not the biggest problem; what is the biggest problem is that you are aggressive in building new referencesThe fastest way to build a stronger credit report is to do what's called "bank round robin"Take $1000 and go to bank one like Bank of New York, and talk to the manager and say that youd like to build a credit rating and get a mortgage within 12 monthsTheyll give you a secured loan with your thousand; then you take that thousand and go to bank to like Wells FargoTell the bank manager the same thing, that you want to pledge that thousand as a secured CD or savings account and get a  $1000 loanThese are called installment loans and now your job is to double up on payments on both loansSo it say your payments $80 a month with each loan or 160 for both of them every monthYou then make four payments every month and they'll be paid off in six monthsAt the end of six months you have 2 open accounts with two banks on installment loans, and paid as agreed with zero balancesYou may want to take one of those credit cards and establish credit at Macy's or other department stores with no more than two of them; Buy something and pay it off right away or keep a small balance because credit utilization rate is an important factor; this means keeping a 30 to 40% balance and even though it cost interest get you more points on your FICO scoreYour length of job in the same industry, you length of residency in the same place, and how you pay your bills on time will build a credit rating faster than anythingFYI I do lease-option assignments where I help the tenant buyers get mortgagesThis plan works faster than anythingGood luck

Other investors have advised her to build a new stronger local (Texas) property portfolio and dump those two properties.