A couple of thins to watch for: ordering cabinets from Home Depot takes 3 weeks.  

I watch my properties religiously (just sold my DT condo, 1000 sq, 3rd floor, 16 showings, one offer, sold at asking, 1 mil, two weeks) and the price drop has been drastic on single detached. 

I read a few books and also watched a few videos on youtube about how to wholesale with no money, credit, or license.

They can be negotiating a fixed rent for a long time, and watch out for exit clauses in the lease. 

if your brand-new in Massachusetts, I would consider doing a lease purchase with homesellers that don't have alot of equityOnce you get at the property under contract, then you assign the deal for an assignment fee.I would get my sales license and write up the listing as a lease purchase listingIt doesn't matter if the buyer does not get the mortgage, you have done your best, but I would do it 1003 application for a mortgage and have a registered mortgage loan originator and look at the 1003 applicationI would give a 12 month lease at market with 3% earnest money, and 3% for your feeYou can target expired listings for houses that have a problem selling traditionally

watches bob bowling drop the mic and walk off stage

I have watched videos on youtube, talked with realtors and read whatever I can get my hands on.  

Based on that, I usually like to watch the chaos from the sidelines and back out of any scenario similar to this and instead, focus my objectives on deals where the downside is also as finite as it can be.

I also would watch some of Brandon Turner's webinars if you have some time and visual learning is more for you.

Ever watch American Greed?