I guess look at the deal from the investor's perspective and ask what the target return should be.

Please assume the perspective of an investor looking to purchase this contract.The Deal:Purchase Price: $38,000ARV: $100,000Comp criteria: < 1 mile driving distance, 6 month time frame, 3 bedroomStill need to adjust comps - in progressEst Rehab: $20,000Spoke with local contractors regarding price / sq ft of various tasksSpoke with home depot in area for material costsBack Taxes: ~$2500Basic Info: 3 Bed, 1 Bath, 1600 sq ft, 50X80 ft lot, Built 1900Area Statistics: $78 Median Listing Home Price/Sq Ft ($78 X 1600 = $124,800)(This is taken straight from Realtor.com for East Linden Ohio)Notes:New water heater (Permit)New furnace (Permit)New windows, doors, windows (Permit)(Siding was in progress then contractor disappeared)Second plot of land included next to propertyCritical Questions: What would be a good resource to learn "Wholesale Wording"?

It’s only been about two weeks and they want him to move in, but they are balking at adding him to lease as they said he may not want to stay for entire lease term (which is 15 months) I’m not so much worried from a rent collecting perspective of having him on lease (i.e. making this person liable for rent), but i am a bit concerned about any other liabilities that I may not be aware of, from having an additional ‘rogue’ occupant. 

Yes, I am shifting my focus back to STR. 

@Matt 'Roar' Gardner Your expenses must be significantly lower from a utility and monthly maintenance perspective. 

Pricing is very important, as supply and demand shifts. 

But if you know the area and the shifting demographics there are properties to be bought with reasonable risk in blocks that are on the move.

“If this is successful, it will change the landscape of West Tennessee from a jobs perspective,” said Mark Herbison, senior vice president of economic development at the Greater Memphis Chamber.

They are water proof, cost effective, easy to install, and won't shift like the hardwoods.

Not really much of a difference from that perspective if you have everything in order.