I will be executing a bill of sale, sellers disclosure and an Application for Statement of Ownership once I receive verification of the amount that is due.

There WAS intent, means, and execution for the wholesaler to buy in a double close, that is in fact what a double close is: close 1:Wholesaler buys the property, close2: Wholesaler sells to the end buyer/investor.

And I bought my daughter a brand new car as I promised her if she made deans list at Davis I would do that.. she graduated with a 3.97 GPA and is now an executive at Intel.. best 80k I ever spent. 

I think my wife and I are following what feels natural but I want to be sure we are executing correctly so we don't end up having to have work done twice or create issues.

An in-house repair staff is just another profit center to the property manager.

It is very likely to happen, and in fact, I have executed a first position foreclosure that wiped out a second position, unfortunately. 

This is, after all, the website that once had a staff post about buying a house completely with credit cards!

You want to execute a short sale.

If they do not, I would strongly shy away as they do not really understand the emphasis and focus the company needs to put on getting that vacant property occupied (with good tenants of course).The focus of most management companies is on mitigating risk and on finding and keeping staff. 

You may able to do non-construction updates to those occupied units and keep some residents, although that sounds unlikely for the scope of renovation that you mentioned.Rod Khleif has a podcast with J Scott Scheel where he gets into creative ways to execute the value add process.