Vehicle is paid of and through side hustles and and cashflow from the house hack to cover expense to have round an 80-90% savings rate.

Having lost $100K in my first round of OOS in the Phoenix market, I actually won't mind give it a 2nd try, but this time around, I would ONLY buy at pennies on the dollar...

Its all a calculated risk and understanding what you can and can't get away with in your own farm area.Lastly as for selling I did actually receive a few offers but unfortunately none of them ever panned out.

You might work that angle to get some rehab money and allow you to work on the outside and then once that tenant moves out, do the first round of updates and move in. 

I want to become an educated, well rounded wholesaler and investor.

If the property is brand new you might get away with the first 5 years with minimal repairs but if it's older I'd plan for 30% to go towards repairs or unexpected expenses. 

If it were truly important, BP wouldn't round posts and votes on the left, which masks the information, and would also post the ratio explicitly.

There may be value in using the current lender to do the new loan if you could get away with not having to do some of the appraisals or valuations, but usually these are just treated as a brand new loan. 

Now, after typing this out, I've come to another option...leave the boiler in place, add in the electric heat capability/metering, and just keep the boiler chugging along at ~50 degrees year-round to ensure the structure is always "thawed".

They don't need to be with a new LLC unless he is trying to capture the higher ticket price.