and http://www.biggerpockets.com/forums/24/topics/136721-help-north-carolina-wholesale-contracts-understanding-rehab-cost , "I hope you work out.

Jim Pergurson at Home Bank was very helpful.

Can anyhelp on Biggerpockets help or get me pointed in a better direction?

Volunteer to help people with their projects for the sweat equity of knowledge and experience.  

While they are indeed somewhat arbitrary, they provide a straightforward framework to filter out properties that are unlikely to meet my investment criteria.1% Rule: This rule helps ensure that the property generates sufficient rental income relative to its purchase price.

Always happy to connect and help where I can. 

Thank you for any help.

Might be able to help.

Hey Jordan, I would find someone you can work with as your "boots on the ground" in the area to help with leads.

These terms were provided by the seller's daughter who managed the properties and were not disclosed to us during the transaction.The legal expertise we've received up until this point has not been helpful.