Avg 80+ units and mid level hotel cap 6 % and better.

It's a good price point for entry-level landlords and creating turnkey properties can become a lucrative business for you down the road if you learn it now.I would tell your family it's risky but the risk is backed by real estate and the worst case scenario is that only 50% of their money may be returned - come prepared you're asking for their money so they have the right to question and examine all of your ideas and assumptions. 

I didn't use the term "price gouging" as that is as you described in markets.Here's the term predatory for you Jason :)http://www.hoodwinkedhouse.com/real-estate-fraud-t...Predatory dealing is, as I stated above, is usually caught in the area of fraud, deceptive trade practices at a micro level. 

Narrow paths encumber carriages and wheelchairs, and properly cleared pathways ensure flow and safety of pedestrian traffic.Remove ice to bare pavement or make as level as possible and treat with sand, sawdust or similar material.Please clear any snow that may be blocking a handicapped ramp, fire hydrant or catch basin.DON'T: Shovel or plow snow into the street: Violators caught shoveling snow from private property into the street will be fined.Overexert while shoveling: Excessive strain from the cold and hard labor may cause heart attacks.

I would use  this handy man  when I thought he could do the job expertley/ paying him a competive amount of money per jobWhen the  job seems too complex for his level of experience I would go elsewhere for that help.  

A man cave in the basement which will have it's own exterior entrance, a bathroom, a wet bar, AV system and access to a lower level single stall garage.  

Working with your levels of knowledge and risk tolerance.

Also, if I pass on the house because of the level of rehab needed, should I try and get a wholesaler involved?

At this level, $1M plus, I suggest you see a CPA!

It is not easy to fix everything but you can rapidly build up your credit score to a decent level.