Did you find the wholesale purchase contract form on this site helpful.

He still doesn't seem to have a web site or online presence.

Write them a letter stating you are interesting in purchasing the property, you have nothing to lose and everything to gain 

I have a whole list on my site, but we're not allowed to post external links.

I have looked at what's available only though sites like Zillow, trulia, Redfin etc. and have found a couple that are producing the results I am looking for.  

You can find a lot of them on meetup site.

At the end of the day it’s still a simple fix and I wouldn’t lose a deal over that.

Although we'll be losing a good chunk of cash in doing that, our "debt to income" ratio will no longer be a factor (negatively) and possibly get us better loan conditions.

if it goes fine alls well if it gets botched the first one to lose is the junior position..

They pay the mortgage and my utilities (essentially living and owning a home for free - in your shoes you would be cash flowing).Then, depending on what you are doing for a job (or college), it'd be good to establish yourself at work and save enough for your rainy day account (savings in case you lose your job) and then start saving more for a rental property.