There are threads here on BP where people have paid for these subsequent trainings, and not been very happy (and there are probably those who were pleased as well).

Competitive commercial real estate shops typically aim for 5-6% cash on cash and upper teens in IRR.Also, I assume you don't want to be an active investor, but rather find an asset manager who will identify the property for you, take care of the acquisition, and subsequently deal with the property manager, correct?

All of your initial questions and subsequent comments seem to indicate the tail (buyer) is wagging the dog (you) here.As a wholesaler, regardless if you assign the contract, it is your duty to stay involved and make sure both sides are complying with the contract.

I told him this was my first and that I want to be involved so I can be more hands off on subsequent projects.

In my experience, rentals in Edmond vs. the rest of the city get better tenants subsequently less headaches.

Depending on your income qualifications, there are loan programs like Down-payment Assistance you can use subsequently with products like FHA loans.

I corrected myself in a subsequent post.

You can derive what each subsequent one is in the subdivision once you see the pattern of how it was laid out and in no time should be able to zero in on the one(s) you've seen as owing back taxes.Hope that helps in the event you don't get better feedback from  more experienced users!

I have subsequently viewed the property with this guy. 

This flip and the subsequent marketing that I am doing to find other deals has basically turned into fulltime work for me as well.