There are people paying 80k for a house worth 90k that rents for a 900/month rental and will never appreciate, and some pay more than that, which is fine for an outside investor who need a low risk place to store resources, but it doesn't make for a very profitable asset.So yes Fayetteville is highly resilient, but if you're willing to pay up for a property to the point it's barely breaking even, then it really only makes sense if you just need a place to store cash. 

I have great tenants who pay on time (knock on wood) but I barely break even in cashflow. 

I barely know where to begin.Your father no doubt financed your living expenses for at least the first 15 years of your life.If all was fair and even and 50/50 you would have paid him back the costs incurred plus interest.It is an honor for a child to be asked to help their parent at any age.

Buying into most places here would barely meet the 0.5% rule.

I found out what their current rents were, which would BARELY cover the costs of the P+I+T and Mortgage Insurance at the Selling Price that the building is currently at (as I was looking to put lower money down.).  

I wouldn't personally cover any of the consumables out of my own fee, the fee just covers labor cost of purchasing & restocking the house, not the materials themselves.I'm trying to go with an all in commission % with no ancillary charges (or at least bare minimum).

Way back when I first joined BP, the first Post I participated in was one that was titled, "Is it OK to lose money in the first few deals, because it is a learning experience?". 

It sounds like the wholesaler is willing to participate in the eviction costs with you. 

As for investing I plan to learn the bare bones of real estate transactions and the industry more before I begin to invest, I was interested in finding wholesale deals and passing them along to flippers in hopes they would turn around and give me the listing, but I am still trying to become more knowledgable in the field.

So these tenants are paying super low rents, the building is barely breaking even, and needs some costly repairs.