Would I be bringing everything about the property and plans for (let’s say a flip) and essentially just asking for the money to do so?

As noted above, you have the final say as to who you want to live with.

Hard to say as we dont know the market or price points.

When it comes to Cash Vs Leveraging with a lender the question is a great convo and  great topic.After i buy a say a duplex 130k cash and its worth 158k  can i refinance and pull all my money out with out fixing it up ?

You say, as I have read over and over here on BP, that when buying Sub2 be prepared that for the bank to call the note.

If that doesn't say a lot I don't know what does!

#1 What does your lease say?  A

I am going to use some really rough math here, but if you bought say a $1 million property, that's means that someone else is still paying off the vast majority of the asset. 

When making an investment, you need to have a very good idea of a range of values for say a 3BR/2BA home in your target market.

Last closing I saw was at a 2.8 cap in a C area.I would say a good deal there right now would be a 4 cap in a C area, but that would be hard to come by.