You have a TON of people giving super confident advice on Wholesaling while they have NEVER wholesaled before.People giving advice on SEO when they have NO clue what seo realllly is.Asking about the legalities of wholesaling here, where 80% of the people here hate wholesalers and think they are the devil incarnate I can bet no matter what answer you gt it will be completely useless to you because ultimately you will have to verify what ever you get with an attorney.Sorry this may not be helpful, but this reply could have saved you a ton of legal issues.Find a lawyer .. and ask "it" (because we all know lawyers are not human)

Ultimately I want 50 long term rentals.

the ultimate goal is to house hack but to get started , we want to begin with flipping. 

@James Wise put together The Ultimate Guide to Grading Cleveland Neighborhoods.

The key to surviving a downturn in a market is holding power and not being overly leveraged.  

I highly suggest you to read, "The Ultimate Beginner’s Guide to Real Estate Investing."

If you try to sell the property, and the actual owner does too, who in the end has the ultimate right to buy that property? 

I want to be able to survive an interest rate rise at the refinance by having adequate cash buffers in case I ever had to bring money to a closing to refinance. 

You'll need to run sprinklers throughout the house (costly for a number of reasons, especially if you have to increase the water main size), have an enclosed trash area with a drain, have electrical exist signs at the egress points in the house, and they will ultimately require you to become ADA compliant.

You are ultimately trying to attract solid renters.