Also, if you have advice for someone like me who is looking to increase their deal flow and eventually gain financial independence/early retirement, send it my way.

I cane across a motivated seller and he was so concerned about selling me the property because he kept wondering what was in it for me since I'm not a realtor but he was kinda delusional because I explained to him what i did multiple times but these kinds of experiences and things that we're gonna have to deal with as wholesaler so you'll be find.

Does it make sense to finance it over 30 years to increase cashflow? 

Population decline or increase in that sub market?

Financially it would be better to remain renting your primary residence and concentrate on purchasing investment properties.Better yet buy a multi unit and live in one unit while upgrading it to increase rents and cash flow..

It was a fixer upper but when 3 of the furnaces failed within the first 3 months I got concerned.

)    - you will need to get licensed    - the insurance costs for the building will likely increase    - the insurance for an Adult Day care will be more than a retail business in that space

The main thing is finding a good deal and creating enough value in some way to warrant the increase.

yes the drowning is my biggest concern.

My goal is to increase rental income so that I can hopefully retire in 5-10 years.