Than I thought it was all the things that could go wrong in the flip, hidden gems like K&T hidden in the walls, shot main-lines, etc.....   

Hey Lorenzo,I'm up in Maine, so not too far from Boston.

Hi Paul,The main risk with buying a wholesale property is that they're usually sold as-is with no contingencies.

Really the main challenge is going to be making sure that your wife understands what she needs to do to document her hours and activities.

The main person I talk with just changed shoot me a DM if you want! 

The main challenge was that there was considerable deferred maintenance.

In Colorado it is mainly an appreciation market. $450k-$500k Purchase price you will have a chance to cash flow a few hundred bucks in Colorado Springs but it won't be much. 

The main factor is will rents cover the debt liability and can you sustain 3-4 months of no income to cover the debt? 

But it’s clear you’re a smart investor who knows the long-term benefits real estate can bring.I keep reminding myself why I stick with real estate: you can make money every month in four different ways:Cash Flow – Passive income to live on.Appreciation – Long-term property value growth.Depreciation – Tax benefits that reduce your taxable income.Tenants Paying Down the Mortgage – Even if you’re paid off now, this is one of the biggest wealth-building tools for leveraged properties.It sounds like your main struggle is the stress of active management—and trust me, you’re not alone.

If the house is listed as-is, there won’t be much room for negotiation (ie. seller concessions/credits), but you can offer a price that factors in the rehab components.