As Jay said this kind of litigation can drag on for years before being resolved.

I had still kind of been contemplating further research on this program, but you talked me out of it.

Any kind of rental agreement?

Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.

Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

You can visit the property, contractors, etc where as Detroit will either involve longer travel or trusting someone on the ground when you arent physically there.

What kind of capital do you have? 

There are all kinds of everything.

Lemos:  Interesting.. does not sound like a secured interest in the note.. kind of like how Peer st. had their partial interest done.

If you have someone in MN you trust to manage the place that is one thing, if you don't it kind of answers the question (not that you couldn't find one).Renting out homes which you are emotional attached to can be quite difficult when tenants trash them (which will eventually happen).Best wishes