It'll be based on the specific property you're considering. 

I would love to touch base and hear your process, management companies you recommend (if any), how do you find your renters (through a service or on your own?).

. ;-) If she isn't in possession and you haven't signed the agreement, and you refund based on a provable fact, she can't do a thing.

What is it called (form or process) to have the duplex/triplex be contingent based on the amount it will cost to fully renovate/rehab?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Helocs can be a bit all over as most of the banks/lenders that offer these portfolio them rather than sell them.

Need more specifics to offer any decent assistance

Here are a few things to consider..Work for an Established Wholesaler:Consider finding a reputable wholesaler in your local market and offering to work for them.

I have a couple friends who have made way under listing offers and nothing has stuck to this point. 

We offered people in this area a place to stay that is enjoyable for the whole family What was the outcome?