If you have the skills to be a wholesaler, you can essentially tackle most types of real estate successfully in my mind. 

Definitely should get under contract and start lining up your team to tackle it.

It shouldn't take more than a few days and then the guys will tackle the water damaged unit next..Rent collection was a real pain the first month as I closed three days before the beginning of the month.

@Josh NaborsHi Josh,I am working on a scenario just like yours.There are many ways to tackle the above.My client with a similar scenario also wants to receive property from her dad with out any money from their pocket.So what we will end up doing is we'll take title to the property subject to the current note.Then after 1 day from taking title we will apply for a rate term refinance (fannie mae only requires 1 + day on title for rate/term refi).As long as our LTV is 75% or lower we can do this refinance (along with acceptable income & reserves & credit score) since this is an investment property refinance.The difference from the value that the property was gifted at and the cost basis that was left in the property is considered the "gift," so there are certain tax ramifications that you might want to talk to your accountant about with your dad.I've checked with my underwriter and we're about to review this file soon.The above is really just a creative strategy of Sub2 and a conventional strategy of a regular Rate/term refinance so nothing really complex.Good luck on yours.

I know that an architect and a designer will be vital members of my team when tackling these types of projects, but I'm curious on the workflow involved when using them!

However, you need to be absolutely clear about your investment goals first before tackling any of your aforementioned boroughs. 

Tackle it the same way.

You’ve tackled the loan issue, in large part through good advice in the thread that helped you know what questions to ask.

I've been listening to Brandon and Josh at 1.5-2x speed commuting 4-5 hours a week (lol, it's true, people think I'm nuts when they hear me) and tackling a little bit of reading (as much as I can with a 20 month old and a 2 week old at home.)  

I feel like I'm ready to tackle my next adventure.