I think we're going to be able to strike an agreement to buy in as-is condition.This is my first potential deal, and I wanted to educate myself a little bit on what to do with code violations.The house has had many self-done add-ons by multiple owners since its original construction. 

@Rob Terpilowski when you get potential contractors involved would depend on how set you are on the deal and how certain you think you can make the numbers work, I would think.  

I wouldn't have even thought about it unless I had heard it from multiple sources.

Seller is calling for best and final offer (multiple offers) and I am going up to 61K.I have gone above asking before but never more then 1000.I know the street the house is on very well and ARV is easily over 100 and it needs about 20K worth of work. 

I work with several investors involved in flipping to total rehabs.

Best chance you have is to leverage the money and buy multiple properties to flip at once but that increases the risks as well.

We have seller financing at multiple price points/balloon amounts/year terms and a conventional financing option.

@David Bokman is correct, you don't need to have your license to get involved in Wholesaling but it does provide good resources like access to the MLS, collecting commission, and networkingUltimately, I don not have my license but my partner is working towards his.

To me this is not a great fit for a lease option.I have one more separate and unrelated question re: lease options -- In your experience, how hard is it to do lease options when real estate agents are involved?

For me personally, my vacancies are much lower, so I use 5%, but I also have single family homes and tend to keep tenants for multiple years.