Look into a bit more if you're interested in this REI method. 

She said she's had to call the police numerous times about the lower tenant whom i also found out is also not even on the lease, he's just a boyfriend of the female on the lease, but she's currently in jail on drug charges.

This unfortunately is what is giving wholesaling a black eye in the industry. you have these methods that are promulgated on BP  we see it in this post.. were others are giving you advice of how to create an illusion to the Seller that your a TRUE principal and you have partners.. which from your post is not the case.

The door in the fourth one looks like its been the victim of numerous pay or quit notices. 

Acquisition using cash, leasing up the property, and selling it to a traditional financed buyer is one of the most effective methods of value-add investing in the MFH space.

So, this post does not deal with Lease with Option to purchase.Second - The Wisconsin A.G. clearly was not happy with RTO, but they were even more unhappy with the method in which the company conducted its business.

Very viable method, but needs to be fully vetted and solid timelines for your flip have to be firmly established.

Only the gain greater than the recapture income is reported on the installment method.

This is an incredible platform with numerous resources.Congrats on getting your real estate license!

Wayne Brooks yes, I didn't see this method as a shortcut from due diligence.