It shows the importance of vision and timing in real estate investments.Here are a few points to highlight and expand upon your experience:Identifying Opportunity: You've done an excellent job of seeing potential where others didn't, which is a crucial skill in real estate investing.

The wholesalers wasting time is standard practice.

I'm hoping to get some first hand experience on best practices to implement this succesfully.

My thought process is that this would be an equity play but am worried that I would be handcuffing myself for future investments.Option 2 House Hack with Partner: My friend/ potential partner is looking to do the same thing.

Hello All,  Im looking for an alternative to the standard practice. 

You may also meet someone  that could be a potential business partner. 

More on my first investment, this quadplex is a fixer-upper and has the potential to add 200k+ in equity with about half as much invested.

Alternatively, you could potentially try posting about their swap opportunity on facebook groups or a simple google search of Home Swap websites could also yield results.

Your loan probably technically doesn't allow this because there is a "due on sale clause" but I have never heard of a loan being called as long as it's being paid My advice to you would be to screen potential property managers, read reviews then set it up to be managed by them. 

You might also meet someone that could be a potential business partner.