Buy/Hold is going to tie up your cash for a long period of time as to where flipping presents a fair amount of risk but offers a much faster return.  

That will enable you to get started faster on your life's goals.   

I have also been watching the Victoria market and it seemed that prices were slightly higher and on the rise a little faster then the Okangan. 

We also attempted wholesaling "in-house" only to find this to be impractical with our demanding, full-time jobs.Our primary interest is SFR rentals in the Jersey Shore/Central Jersey area with flips to pay these down faster.

If you said wholesale because you need some 'faster' cash that's also ok.Just know that take all of those business models take laser sharp focus in each discipline to really get traction.Bouncing around business models is the sure fire way to get frustrated.  

It doesn't always take a bankroll either- I've found properties through cold calling property owners directly as well which just takes some time and persistence. 

My excitement for investing is growing faster than my savings account so I am hoping to learn even more about creative financing and gain the courage to get out there and start building my portfolio!

I would not have bought this to be a rental property, since the numbers don't make sense.The risk of renting it out is that the house condition continues to worsen faster than we can afford to fix it, or yet more problems are found.  

I think as you educate yourself and perhaps the reason you are on BP is to learn from experts, smart use of leverage and ensuring solid cash flow to weather downturns is how big time wealth is created and gets you there much faster, nor paying all cash.

The more of those you have to invest for a higher return, the faster you will succeed.