Currently doing probates, D4D, tax delinquents, and absentee owners but starting to notice some of these are heavily saturated with other callers. 

Most brokerages across the country do not allow wholesaling or make you do it in a way that won't make it work the traditional way.The real question is why are you getting your license if you want to wholesale?

I know you guys might not be authorized to give out legal advice but I figure it would be best to get opinions from those really doing it.

Question is what are the step by steps I need to do for finding out what work will be needed and how much it’s going to cost, etc. if for sure needs work. 

do you want to live in it, or just own it?

You build the second property and what does the lender do?  

There is always the risk that after you do the repair, the the system fails quickly after that. 

I do have questions for you.

Does anyone have a cleanliness clause in their leases that that invoke when they do periodic walk through? 

Its sad that doing a "lipstick on a pig" remodel is more advantageous and buyers dont see the cost over years(foundation , electrical, plumbing, etc) issues alot of times when buying.