only you can decide when you're readyand 2. from your recent posts - did you end up passing on the house? 

So, I’d like to relate a story about a person who decided to become a wholesaler with almost no prior experience or knowledge of real estate.  

Quote from @Ryan Jarl: Hey BP Community,I’m new to the world of real estate investing and I’ve decided to focus on wholesaling to start out.

If you decide to learn from Paul and he accepts you, I wish you all the best and much success.  

I also decided to cut out the middle man and work with an agent and contractor to purchase, renovate, and then rent a property rather than paying retail to the turnkey company.

I decided to walk away from the deal since there were no good comps to provide any level of confidence for ARV.

- What's your process for deciding the highest and best use of a property?

This means you wouldn't owe a bunch of taxes on the property other than from the time you inherited the property at its stepped-up basis if you decided to sell it.

I would assess the overall risk package and decide based on whether the two following outcomes are likely and and negotiate an up charge (maybe a couple hundred dollars more on rent per month plus additional security deposit) Do I feel like at the end of the day I can:1. collect rent on time from them2. maintain the property in a good condition. 

@Florence Sullivan What did you decide to do?