But in so many words, it sounds like he wants more money.

Yep ... the fact that it is very niche, requires specific knowledge that not everyone has to spot things that nobody else even knows how to look for, and capital intensive is the very reason I'd imagine it works so well ... sounds like it would be the type of strategy right up my alley, actually ... would love to chat with you about that more offline if you're up for it Jay, or online is fine too, but may be straying a bit from the OPs original topic at that point.

We are very much in the early stages of research, identifying how our wish lists align, location, etc...

Had some cash saved up from working a full-time job in logistics and a part-time job teaching tennis, and bought a fixer-upper for $29,000 with a tenant in place at $700 (sounds like the $30,000 pig, right?)

All i'm asked to do is use my credit score for them to secure financing and i collect when they flip it.to be honest, this sounds way too good to be true. 

600 sounds like a good target for me.

The short-term effects will be seen by a plethora of homes coming on the market for far less than we have ever seen and on the opposite end of the spectrum with higher/dryer homes escalating in prices - I hate to sound insensitive, but clever investors will have a lot of opportunities.

Since you're putting only $35k down it sounds like you'd need someone to come and fund the whole deal.

Claudio Dos Anjos Sounds like a great plan!

Sounds like you have a good plan....Get a moisture tester for wood.