Receive the highest price for your propertyMonthly stream of income Freedom from the propertyNo Realtor CostQuick closingOffer 2.Traditional Financing – Minor REHAB – property needs to qualify as habitable (working bathroom)Purchase Price - $86,000Offer 3 – NO REHABAll Cash Offer$65,000

As for your buddy, issues are bound to come up if your at it enough ( in my opinion) but like others have stated, screening is vital!

I didn't think investors were generally in the habit of trying to buy a property at a mark-up. 

Hi @Tanesha Mills and welcome,I have a habit of not telling people what to do with their own hard earned money so whatever you decide I wish you the best of luck!

I know you said you're not familiar with flipping, but if you can live in terrible conditions for a couple weeks while you make the place habitable you can really build some equity.My first house was a HUD home bought for 55k, sold it for 87k with only 10k worth of work.

Something else is to speak with wholesalers, possibly find a mentor, learn vital skills to complete wholesale deals and use that as a way to build up your cash flow.

The other day he approached me and told me that he was honest with me when he first moved in (that he didn't smoke at the time) but has since picked up this old habit.

I'm going to suspect the former.ETC has a habit of trying to scare folks away from the IRA LLC model because it it a structure that does not allow them to charge the very high fees they are accustomed to.  

., What are the property's/deal's vitals?  

What's that task, habit, or knowledge that generated the most value for you over time?