This local BRRRR is more likely to succeed than attempting an OOS BRRRR.  

It almost looks like some people are getting a bid greedy or attempting to take advantage of people not in the area.  80k-100k in C or worse neighborhood. 

I have secured a buyer's agent and am attempting to move forward with the deal.

In your experience, if any, in polk county what sort of % reduction would you attempt to take off the asking price We are thinking of between 10-15% off asking as a starting point

I was able to find a property that was for sale by the seller who received the property as an estate from his father who passed away, and wants to cash out not being able to handle the renovation that needs to be done (roof, plumbing, flooring).In an attempt to make this enforceable, I was able to get discuss this with the sellers agent and the updates which is that they are in probate court to remove one of heirs as they were all under the contract. 

I'm attempting take cash out of the house in the meantime in case the sale takes longer than expected (4+ months).  

Don't just read about them and attempt to do one.

This is my first attempt at wholesaling and I'm not sure how to negotiate or even if I can legal sell it?

I’ll attempt to be a bit less trolly than the previous post.1) unless the language in the lease specifically states that you need to fix these things (which it likely does not) you are not obligated to do so.

@Shirley Gregory you could attempt a 1031 exchange, with the intent of purchasing an investment property.