This can be tough to grow, especially when using a third-party management business. 

Every wholesale trainer tells their newbies to go build a buyers list because:1) They also tell you to hit up this list for potential listings2) You need someone to market marginal deals to & hope someone's desperate/ignorant enough to buy themKnow this, at least 80% of the offerings from wholesalers are NOT deals an investor should buy.

The restoration is the final step in the eviction process, and it legally restores the property to the plaintiff.Hope this helps,Joe

I'd make sure to run this by him too for a second opinion. 

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

The mortgage is $1400 and the house is worth $250k.I did tell him if it is okay for him,I could take up the mortgage and he says he would get back to me as he also as a brother and uncles to talk with.The house is close to my work place as well.Please, does anyone has a thought on this?

There are very strict rules for Dual Agent.I would suggest get a buyer's side agent if you have not done this kind of deal before.

Once you have lived in it for 2 out of the 5 years prior to selling it you can take the first $250K of gain ($500K if married) tax free.And you can do this once every 2 years. 

Purchase price: $665,000 Cash invested: $200,000 Remodel of 1948 Cape with Breezeway and Garage ... excellent bones in need of lots of TLC ... new Hardie Board siding, roof, gutters, windows hardwood flooring, electric rewiring, wall modifications, new kitchen cabinets and appliances, new bathroom guts What made you interested in investing in this type of deal?

Many buyers in this market are experiencing challenges.