You need to supply tons of documentation with your offer, and highest bid dose not guarantee you get the house.  

Let lender supply documents that he wants executed and recorded.

I have a partner that I had some discussions with about supplying these units. 

I am using MF painting/cleaning, flooring and supply vendors on turns and they are very efficient, affordable and nothing like dealing with subcontractors.  

You're focusing on creating supply of wholesale deals.

Having the repairs approved and assessed should make the out going owner supply the money for repairs, however if they are only proposed and not accepted they will not be bound to pay for anything other then what is in your purchase agreement. 

@John Tan It seems our supply is actually down, I think I just read a number lass than 3 months.I hope it means there're some good deals to snatch up!

Its a business negotiation , nothing is written in stone . but its the law of supply and demand . if everybody is busy , you will pay more , slow , you have more negotiating power .  

Make sure you take into account all of the perks that come with a job; Paychecks, benefits, health insurance, access to printers, office supplies, etc. 

If you do go under contract, make sure you supply all the information you have gathered to interested people on your buyers list.