If so, visit the property and see of the heat is on.

"If the borrower(s) provides written evidence that the student loan debt will be deferred at least 12 months beyond the date of closing, a monthly payment does not need to be considered.

if the wholesalers actually follow the law and make those disclosures and the sellers are not completely devoid of real estate knowledge those who wish to wholesale are going to spend a bunch of money only to lose the deals in the 11th hour. 

But I could easily make this a 3 bed, 2 bath within the existing sq ft. 

The real way to answer this question is to do a detailed break down of the numbers. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Well worth the money, plus you will have already factored that expense in to your cash-on-cash requirements to justify a purchase decision)4. 

You can always buy the books and learn all there is if you have the time.

Quote from @Rich Davis: Read the HUD guide.

The mortgages are all paid off as part of the sale.