I do understand that each market is unique and what works in one market does not necessary work in another. 

Very unique!! 

I can't give any specific names on BP, so yeah..The criteria is unique, it's all based on your end buyer being lined up and ready to close, so I'd suggest building a buyers list first, or get in contact with agents who work with cash buyers. 

An overriding theme in his blog is Avoid Drama.

Some of advice that is a common theme among all the resources and discussions is this: "You make your profit when you buy a property, not when you sell. " and "Buy under intrinsic value."

This property, even when fixed-up, could not sell for no more than $375K in that area btw as it is a strange unique property.

It is truly unique, offers excellent ROI and the starting investment is just $10k: Have I Found the Holy Grail of Passive Real Estate Investing?

So I am in a unique situation currently because I don't own a home and live with my parents (common cultural thing for South East Asians) and now they are moving to Virginia but aren't selling this home.

Always better to do a good job of defining the things that are unique to your situation even if you use a standard agreement of some sort.

Hey @Eric Armstrong, I would look into one of the premium themes on WordPress.