You put your money where your mouth was and took down the property yourself AND MADE EVEN MORE money because of it.People come on here and complain about the ethics of wholesaling or whatever but you did your own LEGIT marketing to locate the seller, offered them what YOU were willing to pay and able to CLOSE on and made the deal happen.A lot of people would be on here asking for advice on how to hide the difference between the contract price and the sales price from the seller which in my opinion is foolish.Hat's off to this one.

First, you need to check with your brokerage if they even allow wholesaling when you are a licensed agent and you will need to pass through any hybrid marketing through their compliance system to make sure you are not violating any ethical or marketing laws in your state.

I want to bite the bullet and just jack up the rent but I battle with the ethics dilemma since it’s a family of 4.

Your book recommendation will absolutely help give you a head start on being an honest and ethical landlord. 

But first learn the right way to wholesale, the ethical and legal way, without stealing money from others or making false statements or promises.

We always do everything legally, morally, and ethically.

Wholesalers are the problem because the majority do it without ethics and values, don't have cash to buy, mislead the sellers, overpromise and underdeliver on access to properties, continually go way low on repair costs and way high on ARV.

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

As a newbie, I lack credibility and track record obviously; that being said, would it be best to look for partners in a similar boat (with high work ethic) or work with more experienced investors who’s looking to add someone on their own team?

I've landed an off market deal but I'm afraid I may be stretching some ethical boundaries.