I came a crossed a motivated seller who was selling all of his properties off (6 of them).

Then, if he defaults on any portion of your workout agreement, you can get your paperwork and communication right and file a fresh eviction in January, knowing you crossed your t and dotted your I.Self managing can be a great thing and a profitable thing for somebody with a few properties and a W2job.

Seeing the contract between them and the seller would be nice, even if they cross out the purchase price so you don't know their spread, but many wholesalers will balk at this. 

Not something that had crossed my mind, but I can see how it could help the small landlord if they don't us a PM, have lots of competition from larger apartment buildings, or as a way to reach up a tenant class that their property may not otherwise attract. 

It sounds like you are crossing the line between wholesaling and acting as an agent. 

It did not cross my mind to inform them of my dad's criminal past. 

Remember - even Wikipedia needs cross checking :). 

I live about 5 miles east bordering Balboa Park.

Lemus Hi Michael, the ring cities in Metro Detroit (ones touching Detroit border but are in suburbs) will be a great start for you. 

You dont need a CPA or a lawyer...basically ever unless you cross over 100 units.