Test your contractors / handy people out on small jobs first, and ask pointed questions before assigning tasks to determine not only if they are "comfortable" doing the work, but ask: "How many times have you done this specific type of job, and can you show me pics of the end product?"

End result not determined yet, but with them being newly remolded, good size compared to most this should demand the highest rent possible for the area.

The owner died long before the notice of pendency was filed and I cannot find any probate records to determine heirs.

The owner died long before the notice of pendency was filed and I cannot find any probate records to determine heirs.

The owner died long before the notice of pendency was filed and I cannot find any probate records to determine heirs.

A professional inspection is required to determine termites and must be remedied to approve a loan with FHA. did you waive loan contingency? 

I am new to wholesaling and I am looking to start advertising to find motivated sellers soon but before I do that I m confused about what information you need from the seller to determine if it’s a viable option to wholesale.

How do we determine how much money to put aside for taxes?

Like others have said, you’d need to check out the municipal laws and run your numbers to make a determination about the viability of an STR in that space.

I would expect it to be standard practice to do a review of all the units and determine repairs needed, what monthly/yearly maintenance should be completed, and a rent analysis to set expectations for vacant rooms.