Be mindful of when you get the same property offered by multiple wholesalers.

I was informed by a neighbor that as recently as a couple years ago, the one house was basically a brothel, it's been cleaned up once the neighbors got the police involved but I imagine the tenants aren't the best.   

Hello Michael Davila I agree with Harjeet Bhatti ideally you would want around a 70% loan to value for that one house, if it is the only house in your portfolio.If you have multiple the 70% rule I would expand to the entire portfolio.I am currently in the same position of trying to leverage equity in my first home for another deal.Let me know if you need help with anything and happy hunting!

I still do my due diligence up front and am involved in the big decisions, but I'm not a part of the day-to-day operations. 

Yes you will have to pay PMI but you get more bang for your buck with multiple units.Let me know if this helps or if you have any questions.

I plan to use a PM and would prefer less involvement but don’t mind a having a defined set of renovations.

Google "apartment brokers raleigh nc" and there are multiple that are capable of acting as a buyer's broker.

As far as my goals are concerned, I have a few thoughts in mind: 1) I would like to get in touch with a few wholesalers in the area so that I can more quickly and efficiently acquire properties to continue my flipping business,2) I would like to acquire multi family residences as investments to hold and rent,3) I would like to learn more about financing options or best avenues to obtain capital as I do not have a large amount of cash sitting to be used for my business,4) I am interested in syndication deals,5) I would like to become more involved with the local real estate groups,6) Any advice of best ways to use BiggerPockets is always appreciated.Looking forward to hearing your responses and chatting.

., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues,  pest and moisture reports, walk-through, etc.   

I have seen cars turned into BBQ grills, tables turned into desks, all kinds of things turned into light stands, and so forth.Just because a word or phrase is used for multiple things doesn't mean they are related in the sense that we are criminals because we take an old tire and turn it into a coffee table vs someone who breaks into the DMV and creates fake IDs.