I want to make sure that I am thoroughly prepared when I come across a potential buyer/investor, so my question is: what numbers/information do I have to  acquire before approaching an buyer/investor?

Secondly, I've always found it a better approach to do my best as a buyer to meet the needs of the seller.  

They'll also lend rehab money and convert to a 30 year.You might want to start this thread again and get feedback on the deal and your approach. 

Not ideal, but did the job for now.I'll ask around here (NJ) on the contractor partner approach and see if anyone is using this angle to pick their brains as well.

So your intent must be to rent it, or make a loan where proceeds only pay down the amount owed, you can approach the bank with either option. 

Brenda Houghton, RealtorKeller Williams SouthlakeThat sounds like a fantastic approach, Brenda.

I was approached by the Housing and Re-development Authority in my home town where I had bought the house 5 years ago for $25,000.

Take advantage of long term investment benefits - stomach the dips/rises & retire by 60, have a maid do my laundry/clean my house/cook my food, live in an area with nice weather, workout every day, ride motorcycles, drive sports cars, do track days, visit Vegas whenever I want.I plan to do this with income properties - buy a duplex, 3-4 unit, and into the bigger (15-20 unit) closer to retirement.Long Beach investors - hit me up!

This is why wholesaling is a much easier approach.

This help here has made it clear that it seems this entire approach  would be co- mingling, and this isn't visible.