For example, management not treating tenants in an ethical way (not repairing air conditioning when they were supposed to, or not repairing plumbing or other major issues in a timely manner.)I've also heard some stories of success too, so I say be very cautious.

If you truly want to do wholesaling, I suggest you don't get a real estate license, as it will set you up potentially for some legal issues or at minimum some RE Ethics violations. 

She's investor friendly, and she has a work ethic and business model that is unlike any I've ever seen.

If you choose not to accept Section 8 be consistent and across the board with it because even if it's not a protected class you still have a duty as a landlord to be ethical and consistent with the enforcing of your screening criteria. 

Replacement costs of sewer treatment are something I would definitely need to factor in.

What the ethical wholesaler does is purchase the property.  

He is highly ethical.

Cash to go to school, paid for school (earned by you) and a wicked work ethic. 

These are professionals with additional training and a stricter code of ethics.

Rather than going through the RMD process, I'm considering just taking a full distribution of several properties I have in an SDIRA. How do I treat the long-term capital gain (or loss?) on my tax return? On a 1099-R, ...