Your first step will be to talk to several lenders to find out what you qualify for.

Seven years old and playing chess!

In your second scenario you would eliminate all capital gain and depreciation recapture with the step up in basis.there is no statutory holding period that qualifies you to convert the properties. 

recommended steps 30, 60, 90-180 days of getting my realtor license 1.

So with 150k and good credit you are already starting a step above most. 

I have decided to step into the world of property, curious to see what people here think of contract wholesaling.My main questions are:- Is it difficult to find investors after negotiating a decent assignment deal? 

I've discussed with the county phasing the buildout in 2 steps, building 2 units at a time. 

Here are a few tips as you step out on your own: Attend local REI meetups and events in DFW to connect with other investors and contractors.

Switching property managers seems like it was a smart move, especially with how much you and your wife had to step in before.Chicago definitely isn’t an easy market, but it sounds like you’re set up for better success moving forward.

Everyone who steps inside is wowed by the space and in awe of the 2-story wall of windows surrounding a 140+ foot redwood tree.