Any advice or warnings for young investor going forward in wholesaling?

The last thing I would want is a tenant to not report a problem or worse yet, try and get some jackass, unqualified, handyman to do the work.If you don't want to be called out for minor things I would put a clause in the lease that the tenant is responsible for incidental home maintenance; i.e. mowing lawn, changing light bulbs, shoveling snow.

The extra electric meter is for electric used for lighting outdoor, running the furnace etc., paid by the owner.

Depends on what this person actually does,, our turns were 24 hour turns out at noon in at noon next day.. we gave caretakers like 135.00 for 1 br,, 150 for 2br and studio was 100. we had painter separate, carpet cleaner separate, and maintenance guy was separate.. we had 120 unit complex and my caretakers were anxious to get any turn they could.. so between 2 or 3 of them we could do 10 to 12 turns a month.. we supplied all the cleaning supplies. they did stoves, refrigerators, all windows, tubs, sinks, all light fixtures, and washed hard surface floors in kit , bath. 3 to 4 days is WOW  cheaper to hire merry maids.. and get it done quicker..Get some additonal people lined up to help and set the pace.. and rate.. if this person can't get it done faster then you need someone else to do turns and maybe this guy can do something else more productive.. 

Hope the deal works out as it sounds like there may be some light at the end of the tunnel towards the end of the thread.

Rent Recovery Service, Debt Reporting Service, etc) who will report it to the credit bureaus so other landlords can be warned Good luck.

Warning for landlords: before you quit reading and decide that 1099s are not your concern, understand that it can still backfire.

If I do it I guess I will apply some bondo, then lightly sand it, then coat it with what? 

You can use bait stations around the home (make sure kids and pets can’t get to the stations) that will feed and eventually kill them outdoors.Once they eat the bait it makes them thirsty, mix the two (water and bait) and it’s lights out within a couple of hours up to a couple of days.

What advice or warnings would you give?