It's the classic "desperate seller".

You need to decide if you can rationalize the extra cost, it is a classic MBA MAKE versus BUY question. 

Classic "snake oil salesman" strategy in wholesaling would be to open seminars for sellers and charge each seller thousands of dollars to tell teach them how to sell their property for most money on the market, without providing anything of tangible value to them.

Unless the renovation time is unusually long.However, my game plan is to renovate and push up rent for all classic units.

Classic! 

Your heated argumentation is classic when two men see a baby elephant and a giant elephant from different distances.

Put the deal making to the side for a while and read some of the classics, like Napoleon Hill's 'Grow Rich with Peace of Mind.'

"thanks for reaching out but we are currently only working with more sophisticated investors and buyers"...is a classic!  

@Luke Andersen Luke, in order to avoid the classic “analysis paralysis” I have found it best to really narrow down your REI goals then do some research from there. 1) Figure out what exactly it is that you are trying to achieve with REI (cash flow, rapidly growing equity, etc.) 2) Next, find your niche in the market (SFR, small MF, small commercial, industrial, etc.). 3) From there, you can use a good couple hours on Google to find maybe 4-5 markets that match your criteria. 4) Once you find these, try to dig into specific neighborhoods and find out crime rates, school zones, walking distances to places, etc.

These are classic newbie responses from the two town criers.