I had breakfast with another property manager, and we got to talking about the business. 

Which will bring plenty of other investors and general business to the area.

This includes family vacation homes, business property, etc.  

It will be more of a purchase from my business to myself. 

Hello BiggerPockets community,A business partner of mine and I are looking into rental arbitrage/ Sub Leasing.

Sammy, please check your DMs and feel free to browse my business profile; link is in signature.

Because of this difference, the approach the the business plan, financing, and other aspects of ownership are completely different.IMO, every commercial property should cashflow. 

I wouldn't even bother asking for comps or how much they think the repairs are, it doesn't matter what a wholesaler comes up with, a real buyer will know how to assess on their own how much the repairs will be and thus how much they can pay for the house depending on their business plan (either to fix up and rent out, or fix up and flip/sell). 

Another option is MightyCall—it's the best decision for small businesses.

Giving the tenant a lease also allows you to impress upon the tenant that you handle your business not only by giving them the lease but also how you present yourself.