Also, I will not be able to physically look at the house for at least the next two months so I can't confirm the state of the property although it appears to be in good condition from the pictures.

These properties are usually not in the best condition because generally someone hasnt been living in it for years, but you are able to apply to purchase these houses and land from the state for painfully low prices!

In fact I did have at least one deal that wouldn't have happened without her.Just this weekend, and I mean Saturday/Sunday I was on the phone with our mortgage broker getting rates and a letter of conditional approval so that we could get an offer in on a property. 

Like what is it you need help with, the type of property (number of units), the age and condition.  

Realized I don’t want to work the 9-5 for the rest of my life and started looking at options which brought me here to learn as much as I can about real estate.

You only live life once you might as well live it the way you want to.

Get comps to determine Fair Market Value (like new condition or ARV)5.  

Also the margin may be thin but if any local South Jersey Wholesalers would be interested in partnering I would do all the work in exchange for some guidance.The deal:Guy owes 60,000 on a twin that is in good rental condition and could rent for between 1100-1300.

.$0 in repair costs is a stretch- especially if you plan to increase rents...you'll need to justify the higher rent and that typically means improving the condition of the property = $$Your upfront equity position isn't great, but it looks like you'll start with a bit of equity...and if you decide to improve condition you can force the value as your NOI increasesBoilers are find if they are modern...looks like yours was replaced in 2017- definite positive5.3% on the loan doesn't look too bad...your DSCR is 1.15 ...most lenders will require this to be 1.2++ Vacancy is relative to your local market...not sure 5% is the right number to use or not...I look at CapEx different for year 1 and consider it an up-front out-of-pocket expense...but it looks like your units are in good condition so 5% may be right...maybe high...Water and sewer (and other utilities) seems low to me, but it's specific to the area...and maybe just for common areas?...

Some relevant details:Located in a small, rural community2 family, side by side unitsLow cost/high rent (2% rule applies) areaPotential risks include: limited tenant base, tenant issuesMy inclination is to sell and move on, as it will take significant time/capital to get it back in good, rentable condition.