I am highly highly intrigued on getting involved with bigger pockets and in the real estate community.

I want to build an empire quickly which involves buying properties that are larger and nicer and bring in good cash flow right away.

I strongly advise you consider the risks before getting involved. 

As an investor, I don't need a license because all of the transactions I'm involved with are my own and, as you know, you can do what you want with your own properties.Great that you're making an effort to learn the rules before getting into trouble.

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.