What are the things I should focus during the inspection to make sure the inspector/contractor doing their job properly?

If you are weary of the whole construction process (and not know how complex of a renovation you are looking for), your local architect will usually have construction administration service which basically is overseeing the construction process on your behalf to ensure you get the end result you wanted. 

So, identify your business plan so you can attack it better and with a proper laser focus. 

In the future, I would try to schedule the inspection so that you can participate via facebook live, skype, facetime, or some other app or train your friend to do the inspection and document it properly.

All of the money is given to me and I - with the seller's authorization - am able to go about relinquishing the debt to ensure a smooth closing for my end-buyer Post-Assignment!

Hello Everyone,So today I spoke with an attorney today regarding the process of wholesaling and how to properly set up my purchase contract and assignment contract. 

Consult with your CPA for proper guidance.

They have a responsibility to ensure transfer and/or cancellation, just like they would with utilities.

Just to ensure that we're covering all of our bases, I'm curious if anyone has put together a lease amendment for this type of scenario prior to going under contract for the sale. 

I checked with my lender to ensure that a quit deed claim is something they're ok with.