Also, I've seen a few REi clubs around the greater Dallas area, any recommendations on some good quality ones?

We already paid a couple hundred dollars to have a huge dead tree removed from the front yard.A nice-quality fence (spruce, metal posts) will cost about $2,000 and the plumbing stuff will cost about $500.

Canceled and I will be spending quality time with the family?

Some things that tend to get overlooked: - cost of turnovers- quality of residents in there now  and how quickly they pay rent (i.e. might have some late payers) - deferred maintenance - leaks - faucet, tub, toilet - capital improvements (i.e. roof, driveway, etc.) 

Their website had previously rehabbed houses so maybe a potential buyer could see the quality and gain interestinterest. 

With time and experience, what you now feel as hesitation will become patience, which is a sound quality for most investors.

Quality travel experience is irreplaceable. 

It is along a row of nice quality homes across the street from a great view of the Merrimack River.

If you go to meetings in the area there are normally multiple quality wholesalers present.

That means you're likely putting all your contracting eggs in that basket, and if for some reason it doesn't work out with your FIL (too expensive, low quality, too slow, etc), you won't have the experience going out to find contractors and will likely make some bad decisions with respect to future contractors.Think of it this way -- 90% of all contractors aren't going to be good choices for rehabbing/flipping houses.