I'm less familiar with all the details to this, but if you structure this properly you can continue to defer some or all of the capital gains tax, and just collect interest payments from the buyer.

I may find someone locally to co-wholesale with as one colleague mentioned so I could learn the process properly. 

If I properly vet a tenant and have a good screening process in place, is it a wise to invest in lower income neighborhoods? 

You would need to start in Cleveland, proper or wait until you can acquire some more capital.

If you are soliciting investors, you will need a securities lawyer to prepare the proper documents to ensure you are exempt under Rule 506 of Section D of the Securities Act.

A lot of people like having canals in the backyard for casual fishing and can be a peaceful environment when a patio is set up properly.

I've been working probates for a long time and what you need to understand is the basics of the process and the ability to connect with family members and nurture them until they are ready to sell.Since a deceased person cannot transfer title to you now (absent an estate with a properly executed trust in place) the property will need to go through some form of probate. 

They provide you the proper documentation and will guide you as to exactly what needs to be done along the entire process.

I would also find a different PM as it sounds like they arent doing proper screenings.

There legal basis is greatly reduced through proper disclosures contained in a properly drawn PPM.