I would not rely solely on a Wholesaler for proper comps.  

I have already replaced her electric stove with a gas one basically because she didn’t like the way it cooked I put an oven thermometer inside it and it was calibrated perfectly but she said it wasn’t baking properly.

Many investors model IRR to properly benchmark investment opportunities and to calculate their true profit.You can buy the house for cash and then put a loan on it afterwards.

How to I find active and productive Real Estate Investors in my local area outside of REIAs?

There are certain benefits of starting an LLC (legal protection of your assets, with a proper structure - some tax savings, etc.), but there are also costs and time required, so I would advice to start as a partnership, and form an LLC if you decide to keep doing it on a regular basis.

I was looking for ideas to open my own business or design a product but nothing clicked.Then one day I was listening to Listen, Money Matters podcast and they mentioned BiggerPockets and I thought I’d check it out.

Probably not with a traditional turnkey provider who offers you the final product at a premium price, as many mentioned here already.I built my property management business by basically offering our service at a fixed cost, being the boots on the ground for the out of state or out of country investor.The basic approach is, you find a good local team that will find you the distressed property, rehab it for you, rent it for you, manage it for for you.

It depends on what state you live in but you would probably just give the manager proper notice to pay rent or vacate.

Make sure there is proper ventilation in the basement!

Ahh that makes a bit more sense as long as you have proper reserves you should be fine, you should probably do the math on your options and see which one is better for you, because it may differ based on what inventory is available at the time and/ or how much you save over the next year.