I am apprehensive about getting involved with family matters that focus around business matters, especially when they have six-figures in the equation but she was adamant for me assist.

Some food for thought, most successful wholesalers find deals direct from sellers where agents are not involved, most of them do some type of consistent marketing, to find deal leads and most have buyers lists of approved all cash buyers to take them down.

Just go into banks and meet with multiple bankers. 

Most videos and interviews I have watched so far give you the big picture and the scope of the work involved, but not the bits and pieces of the work involved. 

You just need to run this through a filter and see if it makes sense to control an asset with zero bank involvement up front...and assess what structure of the deal takes on.I just offered on a 6-unit last night...and usually keep consistent opening terms for debt-free properties: 10% down, pay sellers closing costs and all document prep fees, pay realtor commissions, at or near list price (if it makes sense), 4-5 yr balloon, 30-yr amortization, 6-7% interest.  

Do not want lawyer to be involved. 

I know a lot of speculation, but if I have multiple exit strategies including possibly holding the property for much longer up to 5-7 years then it may not truly matter; although going in on higher cap may always be better because you have a greater chance of lowering.I don't know, just feel like, I am talking myself into it, buying now.Best time to buy may be brief period when the cap eventually goes high with market crash or adjustment and eventually the interest rates will need to be lowered to revive economy!

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

So a little unsure of how to do that without getting a contractor involved at the very beginning?

Hi, I am looking to rehab multiple single family properties in Kansas City, MO.