But they felt we needed reserves and want to put a credit line on another apartment building for $820,000 and restrict $500,000 repairs and allow $320,000 for the actual credit line.  

We have no penalty for not closing on the 14th and on top if they are not ready we actually benefit.  

no  it     is actually pretty easy  just a few things we need to do feel free to contact me for info

I actually just finished Think and Grow Rich by Napoleon Hill and I'm on The Lean Startup by Eric Ries (for my business class).

You could lose control of expenses very quickly if you don't know where each dollar is supposed to go from the beginning.The lump sum he provided sounds more like an estimate and not an actual bid.

What is the actual problem? 

I was a landlord for many years before I had to give an eviction notice and I have never needed to actually evict.  

What do investors actually look for (in numbers) when they consider a property. 

3) Is the wholesaler responsible for a correct rehab estimate or should the actual buyer (the rehabber) go see the property instead to get a better estimate?

I'm actually in the process of refinancing one of my properties.