It DID however, occur to me, maybe I could wholesale this deal, as it is in a great area, and great price, despite the work needed.

I was investing with my partners from 2002-2008 when the great RE debacle occurred and have been out of the game since.My partners and I have decided to put the band back together and begin investing again.

You wouldn't want your rentals subject to a lawsuit in the event you run afoul of some builder liability when you're flipping.  

Have your listing agent specify closing cannot occur before that date. 

Failure is not an event.

Also, there aren't equations to predict unexpected life events and so I would always shoot much higher than you think you need.  

Is there a particular event that you are attending soon?

Failure is not an event.

Failure is not an event.

In any event, you can only do so much reading.