Fix it up so you don't get to many maintenance calls, move in your screened section 8 tenants, set up bill pay so you rent gets direct deposited,  sit back and collect. 

Is it appropriate for a Real Estate Agent to wholesale an "as is" property that is not marketable on the retail market (due to poor condition, deferred maintenance)? 

The owner mentioned some replacements and maintenance he has done over the years. 

We do see a bit more maintenance in those MF duplexes at they tend to be turn of the century homes with turn of the century issues - shifting foundations, galvanized plumbing, pop fuse electrical, ect. 

I use dwel.co to collect my rent online, coordinate maintenance requests with my tenants and manage my finances.

My husband and I live about an hour and a half away and work full time but would plan on placing tenants ourselves and having an emergency on call maintenance person close by.

I’ll be handling everything (maintenance , new tenants ..etc) Anyone have a similar scenario?

this is a common theme of course on BP its pretty much every day.and you pretty much have all those that live in a market target a market .I like @James Wise cut and paste responses he does .. he nails it well and its worth cut and pasting every time someone ask the same question that has been asked 1000 times.I like to Add James that when going out of market.. also if you simply buy at the median price points of any given MSA your buying in an area were you have a lot of homeowners buying generally... so you get a mix of cash flow and appreciation and or more important you have a defined exit IE you can sell to a homeowner as opposed to buy at the bottom of the price point and the only out is to an investor..And Frankly your company is kind of a unicorn in the US.. there are not many companies like yours that specialize in reselling these assets for individual owner/investors. 

If he stayed in the property for 10 years and didn't bother you much with repair or maintenance, I think he has been good tenant.

-I would handle Rent Collection & Scheduling of maintenance as necessary.