Whenever I run up against similar circumstances, I keep thinking of what Henry Kaiser said - “Problems are only opportunities in work clothes.”

Considering that I work in the city and have 2 kids, I wouldn't push it any further at this point.I think you can go out as far as 3 hours away, depending on your personal circumstances.

Here are a few reasons we like to use this style in our higher end rental properties:Hides imperfections of the floorSound muffled slightly by backingRealistic, stunning lookWaterproofOut of the three, click lock vinyl plank flooring is the best quality, however, depending on your circumstances you may prefer to use the other options.

My job is low income so I'm looking for properties that I can mortgage for under $800/mo (could stretch to $1000 if I had solid rental potential, but that's scary), but here's the deal: most properties for sale under $150K need massive structural repair that would kill the 1% rule.So I'm wondering if anyone else has a good rule or advice for how to evaluate a property for its income generating potential in these circumstances.

Personally I dont think wholesalers should try to run those kinds of numbers for an investor because every investor has their own unique circumstances and should be responsible for running their own numbers.

Would be interested in seeing if this could be an unforeseen deal in the making...

It all depends on your circumstances, what you're doing, and what you're trying to accomplish. 

The sellers that can be helped by wholesalers are those who have a need to sell quickly due to life circumstances. 

I know that unforeseen costs will come up along the way and things will need to be fixed.

As mentioned it really depends on your specific circumstance.