That compounded with none to negative cashflow is not my cup of tea.

I'd love to meet up for a cup of coffee either before (late morning to midday) or after (late afternoon).

Next they'll be wanting a new tub, new light fixtures, etc.

my spreadsheet is ok looking and does include every expense i can think of but is definitely not my cup of tea. 

Painting, minor repair, new carpeting, updating lighting fixtures, etc. 

For example, I would estimate the cost of replacing the cabinets, appliances, fixtures, etc., and come up with a total for the kitchen, and I would do the same for bathrooms.

You will need to install outlets, switches, and lighting fixtures as needed,6.

Rural areas can be attractive in that you buy land and build whatever you want (SFH, duplex, etc), just make sure there's internet available there...also, search on the forums for what to look for (industries, remote work friendly, near major highways, etc).Older homes/buildings (1920-1970), in my opinion, have issues that I personally don't want to deal with...old wiring, odd floorplans, outdated fixtures, crumbling foundations. 

You'll make more money, you can re-invest your commissions into your investing career, and it's an excellent way to learn the investing side of the business.My goal isn't to scare you from wholesaling, if that's your cup of tea then go for it.

Even if you aren't currently looking, we can always meet for a cup of coffee and share notes on investing.