I looked at his videos and I could locate similar houses at similar prices on Redfin, the ones that need rehab but are not in horribly dilapidated state.

Consensus of the feedback was cute in pictures horrible in person.

Horrible idea for a rental.

My wife and I always have our eyes open for stuff there, but looks like most duplexes (what we've focused on) are horribly overpriced.

Wow yes I feel like I'm hearing first-hand how wrong it could go, but I have a few questions and concerns if my standards will follow suit of the unlucky investors:-For sure I would want to work with Class A or B rentals (I had a property 5 min from my home and the tenant was HORRIBLE, so a reliable renter is CRUCIAL), but not sure if my price range would find such a tenant. 

What precautions should be taken to make sure it isn't some horrible scheme, or gross incompetence behind a company we chose to go with.We understand that Turn Key isn't the best way to go, but for someone like myself, I have about 1 hour every two weeks to look into this kind of stuff, but I want to put some money into Buy and Hold real estate.

Not horrible.

So a deal that look great to one investor will look horrible to another and vice versa.

Which is t a horrible thing and some wholesalers do great.

That sounds horrible is the property in the city of Nashville or another city in Middle Tennessee?