That stupid idea that you should find what you like to do and make a business out of it doesn't work, if you are a surfer/hippie in the middle of the Vietnam War, getting drafted and watching the counter-culture riots and demonstrations on the streets.

I'd be very watchful of the political climate, which seems to already be targeting those with wealth.   I

There's some inherent negatives about that and the house would be a hard pass for some people of different cultures but I am less worried about the superstitious or spooky aspect but rather the parades of traffic this property would incur whenever there's a service or event.

If all you do is that strategy while holding down a W2 job, you will be a wealthy person.

Joe, there’s and old saying that I heard some wealthy long term hold investors say many years ago. “ Don’t wait to buy real estate, buy real estate...then wait “.  

The property was built by a wealthy developer in the 1930's as a ~5200 sqft duplex (the mother-in-law lived upstairs apparently), but over the years has been split into five apartments with a sixth apartment added in the garage.A little over two years ago, my wife and I purchased a house to live-in-flip, expecting to make a ~$75k in tax-free profit. 

. - I have a business background in Supply Chain and Human Resources - where I would build and continuously improve systems to support profitable/strategic operations, as well as coaching teams/culture/people to success.Seeking any and all advice - Thank you in advance!

Real Estate is an affordable small business with a predictable cashflow and attracted millions of investors.The Biden's tax rate amendments on Capital Gain rate hikes and like kind exchanges not only hit the wealthy, but it also impacts millions of Professionals around the real estate services and significantly dents the volume and economic returns in reality.Appears they forgot the morality learned from the farmer and golden eggs story, not to pull off all the eggs at once, with capital punishment.

But your absolutely correct there are defiantly certain cultural aspects and that will drive some sellers to think they are in control or getting more money but we all know that selling through a wholesaler Rarely if ever is going to get the seller top dollar especially in this market. 

Becoming wealthy is not my primary goal.