They saw a drop in rental demand and therefore a drop in rents.I am not the light my hair on fire and ride the bull style investor.

It is like a light bulb literally went off in my head when I read that.

But, I am wondering if anyone can shed light on an appropriate way to start wholesaling, steps to take, etc. 

After the sale, I've project managed light rehabs, placed tenants and continued the ongoing management.

All lighting fixtures will need to be replaced as well. 

The tenant will be running the house like an icebox in the summer and an oven in the winter, and they'll run so many lights that you'll see your house from space.Think more like $300-400pm if you give away electricity for free.

Anyway, my suggestion to you since it appears that you don't have much time for yourself due to work obligations and a little light on cash is this.

Most older homes in my area include hardwood so, I always redo when feasible...light sand/stain/poly..

Do the street lights work?

Time limitations to perform on call duties, get a light in the parking lot replaced or leaking faucet. 24 hours for some things, within the hour for emergency calls and they will want more usually to respond like an ambulance to address a problem.