If there is no accepted offer take it off and try next year.If it is rural with few high paid jobs nearby, the home prices will stay same.

@Dan Barli to get our feet wet I think we are going to try to do a single family home in Ellettsville, a town nearby, close to home since we will do a lot of the rehab work ourselves for the first one.

Check out the nearby members and network at https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing. 

Research guided me to look for "underdogs" reside nearby fancy so maybe like what happened in Fishtown, don't you think it might?

If you're saying that valuation is $150,000, even if you do sell two condos to your uncle for $275,000, you're not going to have the comps to support the $275,000 for your other 5. any comps in nearby projects sell for more than $150,000? 

At closing, her realtor mentioned that the lady also had a SF and duplex nearby that she is planning to sell next year.

I've seen a lot of turnkey companies trying to sell rented rehabs in garbage areas like Cleveland where nearby homes are selling for 20k and claiming it was a cash flow cow.

Houses near by have been sold from 35,000$ to 50,000$.

However if buying this property could give you access to landlocked developable parcels nearby then thats another story however its a big risk and you need cash to do it. 

Hello, I would like a little advise on working from a different state and trying to wholesale in Atlanta or near by cities.