If you ever want to learn about note investing, you can always contact me and I can give you the main concept. 

This factors in market risk (the market dropping while I'm renovating), deal risk (surprises that might come up) and the value of my time.

Are there any factors that I'm missing?

I am brand new the real estate investing and the biggest reason i am interested in wholesaling is mainly because of the amount of money required to get started from what i am seeing.

They insisted this was just $8k worth of work and gave a $3k reduction in price stating they factored in $5k for repairs in the price already. 

It's REAL and we can control it.You will need two things...A Promissory Note, andA Deed of Trust.To fully answer your Qs, here are the main terms you need to agree on with your lender:1.

Or, is the "utility allowance" mainly left up to the owner's 'discretion' and the local housing authority won't penalize or shut you down as long as your rent seems fair for the tenant's income?

If you’re looking to rents to service members, be sure to get the information for whatever squadron they are assigned to. yea my career field never gets the cool locations ahaha i have yet to meet someone from Maxwell for my career field but i can definitely ask around. what other factors in your opinion makes this market great?

Working class, near 34th st. which is a main corridor with a lot of businesses.

Account Closed it depends on several factors especially including condition.