You will do an assignment contract with the original wholesaler and then do a simple assignment contact with your end buyer

Sorry ... my post got cut off.As I was saying, I do not know how you would improve Cash-flow without increasing rent rates. 

That sounds like a much more resonable refinance rate and would definitely increase my return (~64%)4.)

A distressed property will need a "value add" to increase the value, a distressed seller can sell allowing you to profit without touching the property, but this has limitations as well as to giving a fair price and not screwing a seller.

I realize that everyone is going to have different input and advice based off of their experiences, but I'm looking for assistance as to whether something I'm including is a definite NO NO, or if something should be added in for increased impact. 

So if the property has increased in value then you may be triggering capital gains.  

My wife and I started our company about 4 years ago and have slowly been building it up and increasing our holdings.

Many are increasingly using AirBNB's nascent corporate program as a way to outsource the management.

Because the values have gone up to $175K for a simple house on a normal lot to tear down to build the 2 story homes with garages that everybody wants near the Base, the builders are now building on the West side of Dale Mabry.

I'm aiming to start with a simple paint and carpet rehab.