Also, if you have any marketing support needed such as marketing strategy development or your marketing asset review and so on, I will definitely help you for free.

I have a nice home, two little ones and a beautiful wife who's incredibly supportive.

What kind of contract/agreement should I use to put this in writing?

You can buy and out of state rental property with $15k.You can invest as a PML or JV investor in many investors deals on BP with that kind of money.

There is an additional cost to pay for them to inspect the crawl space which saved me a lot of money when we saw the effects of the blowout underneath the newly floored bathroom and how they supported the floor with 2x4's directly into the ground with no concrete footings or anything.The owner also teaches  at a local community college on how to inspect the different systems in a house. 

I always like to start with the rents and reverse engineer it.Current rent $625-25% total (vacancy repairs cap ex management)Assuming tenants pay all utilities $470 left before monthly payment, taxes, insurance -$500(estimated) Monthly mortgage payment & insurance (no tax) for a 15 year loan.OR-$350(estimated) Monthly mortgage payment & insurance (no tax) for a 30 year loan.Depending on what kind of loan you have out15 year loan, cash flow = -$3030 year loan, cash flow = $120This does not take into consideration the rent increases.

We both kind of had a revelation about financial independence and retiring early aspirations combined with career changes.

I never really considered it because I try to be kind and polite to everyone, but I believe the house we are under contract on right now may have been a similar scenario. 

Is there  any BP members out there flipping in this kind of market and is it profitableGary

@Jackson Tate  My favorite contractor for that kind of work has retired to full-time ministry.