I'm a guy approaching middle-age, living in Chicago.

What is rent on that project in KC?

I’ve been researching a lot about the basics, but I know there’s so much more to learn, especially from those who’ve been in the game for a while.I’d love to hear from experienced wholesalers about their journeys and any advice you have for a complete beginner like me!

It sounds good in theory, but in practice is highly unlikely.  

Start early, raise that equity well in advance, and make sure all those forms and verifications are filled out correctly.

My best friend lives in Kingman with his mother.

In all major cities, especially ones with a higher crime index, unless you study the market and know it, I would never rely on someone else to choose a block.

Either way I wouldn't do one in your area that wasn't driven into the ground.

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.

It is tax free in the sense that you will not owe taxes today on the cash-out.