There's so many details left out that I don't know many people that will even attempt to answer this,  so my recommendation would be the BP Calculator 

I wonder if the morons at FHA will ever realize what they're doing is actually detrimental to the people they are attempting to support?

I attempted to give the agent some context into our number calculations and how I arrived at my offer but he didn't want to hear any of it.

I'll be turning this into a rental property but I like to have an idea of how to handle a particular issue before I have professionals come in - or attempt to do it myself.

Assuming you're not going to attempt this in terms of acting as an agent, what makes you think you can assign the contract at a (I assume, significantly) higher price than you were willing to pay for it yourself?

, however, I'm very fortunate to have a dad who's been in the residential real estate game for 25+ years, and one of the most helpful pieces of advice he's given me is this: If you live in a market with low deal inventory (think Chatanooga, TN, Greenville SC, Asheville NC), attempting to begin as a wholesaler is not going to be lucrative - the deal volume will be low.

What I am attempting to do is analyze deals with seller financing or private money in place of a mortgage.

I have an above market offer so what Is my legal exposure if I attempt to get out of verbal contract.

Every attempt should be made by the PM company to not be "sales" oriented with the calls.

It seems more risky for a newbie to attempt without experience, especially out of state.