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Naturally, I do not want to start my real estate career with long distance investments as there is a higher potential for conflict, especially as a newbie.

These are non-recourse products too!!  

Rents naturally lag behind, but I'm confident they will catch up! 

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I agree that it's the buyer's obligation and most wholesalers don't want to spend the money, but you will present a much better product if you present the wholesale deal with an inspection.

A quick google search reveals that a typical work of this nature costs thousands of dollars.

It's a Fannie Mae/Freddie Mac product and would need to be in your personal name.

I was very happy with the results, but I am sure the person doing the work makes a huge difference in finished product.

I really would love something that can help us establish what we made from x property, what we need to pay for the debt service and expenses for the month, and automatically distributes the positive cashflow into our accounts or something of that nature to make things more automated and organized.Does anyone use something like this?