Wholesaling V.S Rental Properties

[Charles Kappe]

I've been looking into both wholesaling and rental properties. I was just wondering who has had experience in one or both of these niches of real estate investing. I know that these are both completely different types just wanted to know personal experiences the good the bad and the ugly about both. I am very new to the world of real estate investing but wanted some advice or help on both topics. I know briefly about wholesaling, finding deals for investors or buyers, getting a contract for X amount, and assigning the contract to a buyer or investor for X amount leaving a profit for yourself. I understand that wholesaling is low to no money needed to start up. On the other hand rental properties preferably a duplex or triplex, I'd need a little more cash in hand to start up depending on the type of loan or investor I'd go with and the amount of repairs necessary.  I'd plan to live in and rent the other units out. Anyone have experiences with these methods and could share theirs with me. 

Thanks in advance, 

Charles Kappe