These are advantageous as they look mostly at the asset's for the loan not necessarily your personal statements as much as conventional loans. 

I can see why the landlord wants to use their person . . . they probably want to make sure its a quality repair. 

You will need 20-25% down and a commercial loan for the rest.Most lenders will want to lend to an LLC with you personally guaranteeing the loan.Typically, each MFR would be purchased under its own LLC, for liability purposes.Each LLC would then also need its own bank accounts for collecting rents and paying expenses.

I have personally never heard of the county having any say .. other than I do get calls from (state of Colorado) Tax collector after I purchase something and they want to know why we paid less than market value.. but they contact after the fact..

DM me for the person I worked with. 

And then move into price points that meet or exceed the median price points for a given MSA  look for good schools etc. and do not buy in Gary at all is my personal view on this..

If you don't get your desired ARV, are you able to exit another way?

Together, this structure will protect you personally from lawsuits, as well as keeping your investment properties isolated should legal problems come up down the road.

You may have put in granite counters when the other homes have laminate which makes yours more expensive but not desirable for the area. 

Check out this great thread by Chris Piper at https://www.biggerpockets.com/forums/12/topics/862964-wholesaling-101-how-to-wholesale-for-beginnersI posted a link to it on my own recent thread, which you might also find useful, it has links to some of the resources I have checked recently https://www.biggerpockets.com/forums/93/topics/1197244-how-to-do-wholesaling-right-in-maryland-east-coast-and-nationwidePiper's thread is where I started my research and am very grateful to this person for dedicating his time to share so much of a valuable information.