@Carl MccroryWholesalers usually market directly to motivated sellers (out of state landlords, pre-foreclosures, probates, etc.) to find properties offered at a discount suitable for investors (fix and flippers and buy n holders) to buy.  

@Carl Carlson and @Tuan Le I did explain to them that the lease was a legal and binding agreement and if they decided to leave they would forfeit the remaining balance.

Many "barely well off" people are going to become multi- millionaires, even billionaires because of Detroit.

@Shaun Carl I do qualify for "a" loan but I was trying to include the cash gift as part of the down payment to increase my purchasing power. 

Hello,My name is Carles Ingram, I am 49 and married with five kids,i live in Eastpointe MI, and I am interested in flipping homes.I currently work in the electrical supply business for over 23 yrs.and Looking to stop making money for others and want to start profiting for church,family and maybe a couple friends.I don't have a clue where to start, any help is appreciated.Thank You in advance.Be Blessed and a Blessing!

Thanks Carl, I meant to state I was looking for replies from buy/hold investors mainly.

@Paul Sandhu @Lucas Carl @Julie McCoyThanks for the responses.

@Lucas Carl - Yea...

@Carl Goforth Feel free to reach out if you ever have any questions!

Thank you , Brian and Carl .