They are definitely understating expenses or have found a way to live on property, self-manage, and keep expenses to a min through relationships who do jobs on the property for nothing or an extreme discount. 

My question is "how can a realtor who is getting money from the seller to represent them honestly represent both sides in a negotiation?"

The price points are so low in this area and the property needs so much work that i honestly believe a buy and hold is the only way to make money

Here are the specs on the rental income (utilities are not included):Unit 1: $1,550Unit 2: $1,600Unit 3: $1,550Garage: $75Total gross income:Monthly: $4,775Annual: $57,300Overall, even though i have not quite wrapped up this whole experience, i would say it has been an extremely positive one.

The cracks are so extreme that it almost looks like the bottom is going to fall out because they create a nearly complete semi-circle around the edge. 

My wife is extremely supportive on anything I want to do, so I feel I owe it to her for putting up with me lol! 

I have always had problem-free tenants, only been vacant for 1 month total and maintenance has been extremely minimal. 

You need to be honest with yourself about your risk appetite and your ability/resources.  1.2k is not enough, but is 1.5k? 

@Subbie Kaur: Thanks for your input and my strategy is to buy low and sell High, with that said I am in the beginning stages of investing and have a limited knowledge of the inner workings of Taxation Corporation structure so on and so on and I'm sure there will be some bumps along the way but to make a long story short my strategy is simple to make money honestly and legally regardless the end of the day make money

Assuming there is a flexible assignment clause in the contract to begin with, and wholesaler #1 is honest with the seller and wholesaler #2 is honest with the buyer, what could go wrong?