And or just walk away and leaving yet another dilapidated house in the hood. they need to pay prop taxs and utls etc..

A lot of people new to the business are rushing to leave their 9 to 5, but they could learn a lot from you and your husband.

Yes, you do get income on the other side, but the prices have bumped up so with interest rates and less inventory to buy, the net income is much less than a few years ago.You can still do it, you just have to factor that in and expect negative cash flow while you live there and then see how good it will be when you leave in a year and do it again.

Quote from @Bree Jimenez: There are many ways to skin a cat, but you should choose one way and stick with it until you figure it out or learn that it's not working.

I view this last point as an advantage, because it leaves me open to any market and forces me to build a hands-off system.

If you can get an ARV/appraisal at $160-165k, that's good but you might need to leave a little bit of money in the deal.

I leave a few bucks in the checking account. 

Don't leave money sitting on an exchange. 

There are companies out there that have 0 skin in the game and are just referral sources and there are others who are vertically integrated so they own/manage the entire process from start to finish. 

It sounds to me like you've found value in the relationship enough to workout an offer that compensates everyone and doesn't leave you feeling in a weird spot.