Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.  

But then I remember I am an expert in my market and know which areas are better suited to my target goals.

I remember working with a friend who inherited his aunt’s home.. he got so caught up in the emotional side of it that he forgot the nuts and bolts..like having a good plan for the renovation budget and timeline.

Just remember: most negative reviews are written by problematic tenants.

From what I've researched, it's the less than ideal situation to be in because of the reasons you've stated.

This person pays one full month and now I am switching companies to evict them.The director of operations keeps getting fired and swapping with a new person and then they email me and dont even remember that we had already spoken on the phone about the eviction.I learned more about the eviction process by talking to other local brokers and property management companies who I wasnt even paying yet than I did from my own company.

Ideally, no more than 5% over median and no lower than 15% under median.

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.

Obviously all that is ideal and that is the timeframe we would love to get everything done in.

Not a bad idea but if the deal goes bad just remember you are taking money from your primary residence.