If it is via quit claim deed then you are taking title to the property with all liens and encumbrances.

It makes sense for everyone to share the load via a syndication.

Are there any concerns if I reach out via text to the tenant asking for their email so I can send the intro letter formally via email as well?

If you search hard and run it like a true business you can net more than that and be well on your way.I get my best returns from acquiring houses via tax lien sales.

So the appraiser reaches out to both Realtors on that $475k transaction via text, email, and voice mail.

If it is a full redo and inspects well, what others said above is spot-on, you will get less cash flow for paying more, but over the next five years your cap ex should be virtually zero and you are able to mortgage the whole boat instead of buying a fixer-upper and either paying the repairs out of pocket or via hard money.

I don't claim to be a super experienced investor but I know my market, ride around via bike, and see what's happening on the streets.

I have a question(s) regarding a wholesale opportunity that has fallen into my lap that I would love some detailed suggestions and answers to.

But, normally clients just don't fall into your lap. 

I sent you my contact info via linked in - it won’t allow to post contact info here via posts.