.- the homeowner next door not liking renters however I wouldn't want to place bad tenants eitherI don't know that this would be a strategy to propel me towards my investing goals however if the numbers are great they may be instrumental along the way.

Can anyone recommend a good website or online instrument that helps buy and hold investors analyze properties geographically.

Under Wisconsin’s adverse possession doctrine, there are three scenarios in which a person or entity may take title to the real property owned by another person or entity: (1) by continuously occupying the property for 20 years and claiming the property as his or her own property despite having no instrument actually conveying the property to the adverse possessor;³ (2) by continuously occupying the property for 10 years under “color of title” (usually occurring when a written instrument or court judgment mistakenly conveys property to the adverse possessor);⁴ or (3) by continuously occupying the property for 7 years under color of title and payment all taxes and assessments associated with real property being paid by the adverse possessor during the 7 year period.⁵ Under any of the three methods of adversely possessing a record title holder’s property, the adverse possessor’s occupation of the property must be hostile, open and notorious, exclusive and continuous for the statutory period.⁶ Hostility does not have to mean deliberate or with unfriendly animus on the part of the adverse possessor, but simply means that due to the adverse possessor’s claims and use of the disputed property, the true owner is unable to assume possession of the property (i.e., that the adverse possessor is claiming title to the property).⁷ Further, open and notorious simply requires that the adverse possessor present to the general public that it is the owner of the property.

I'm purchasing it for $103k and after repairs it should appraise at $150k after 1 year (or less) of seasoning.The plan is to have him occupy using an instrument that will allow him to refinance after 1 year.  

Another thing that will be really helpful for you to do is pull up the mortgage instruments against the home (hey, as long as your at the county, why not?).  

The other units will pay your mortgage so you can spend your money on more important things like musical instruments and accessories. 

It's like musical chairs and when the music stops, the one left out loses. 

Hey @Tim Illguth For a wholesaler the contract is an extreme important instrument to structure a wholesale deal.

Not sure what stage of pilot training you are at, but I am working on my instrument rating, and am finding it a challenge to find balance between getting started in real estate investing, my other home business, and focusing on ground school and flying. 

Any debt instrument will need to be non-recourse, at least with respect to his IRA.