If you made an offer on a property that appears to have a very beautiful nice new roof, but during the inspection, the inspector discovered a few leaky spots or an unpermitted work, then it's more reasonable to heavily negotiate on those items. 

Also, consider joining your local REIA for mentorship and guidance from investors who are used to working in your area.Wholesaling has become a heavily saturated field.

We have historic data showed the neighborhood get some water, but never flooded badly in the last 2 decades even with some big storms and hurricanes that heavily flooded other areas in town.

If you take this approach, I would heavily vet who you decide to move forward with before paying anything.

(Since I'm out of state, I'll rely heavily on a great local team).- What should I watch out for (I'm aware of my own confirmation bias so I'd greatly value if you can point out the negatives).Appreciate your suggestions, and thank you in advance. 

If anything, it seems to heavily favor the lender by stacking interest upfront.

Just keep in mind that being real estate agent heavily revolves around networking, so if your good at that your half way there.  

That and they are only a concept but have Ford heavily invested.

I'm heavily involved in the small multi-family game across the country.

When you flip, you don't get any of the tax benefits of real estate, as a matter of fact, you're taxed pretty heavily.