@Richard Ball As they say, the plan is not the terrain, so I can only offer my thoughts from a few hundred miles away.

If there are tenants in place with active leases in any of the units (excluding the one you'd have to occupy), then a lender will count 75% of those rents towards your income when qualifying for a loan.If you're talking properties above 4 units though, then it's a whole different ball game.

I'm looking to flip my first property this year and would like to get the ball rolling .

So I'm sure I'd rather make offers to distressed sellers, get a spread that makes sense for the investor, and get the ball rolling than freeze up because I hear from people such as yourself hesitant to recommend wholesaling.

The potential Cashbuyers are low balling on the deal but I know the value as is, the area and what it's worth once renovated but I'm thinking about just rehabbing it myself then putting it on the market to sell or maybe rent out. 

If you pay too much or buy the wrong property you're behind the 8 ball from the start.

Singles and doubles win ball games.

I'm hoping that 20-30k will be sufficient to get the ball rolling.

Richard Ball I will not be moving to to MI I just saw lot of deals online and also word of mouth from a few investors within my network.

I gave a low ball offer due to this issue and some other things like needing a roof.