As a lender it is a big red flag for me when I ask a potential borrower what the ARV and rehab budget is and have them say "well, the wholesaler says xyz".   

Even if I have to wait 6 months and spend $50K on a different buildout, I'm still doing better by month 15. - I believe that companies and the economy as a whole have begun a long-term shift towards back to in-office.

I'm dealing with a 70-year-old owner who has spent decades spending every bit of her monthly cashflow.

In fact, I would bet that 99.9% of all wholesalers could spend the some number of hours working at McDonalds and they would make more money.I recommend you focus on the house hack.

Until you spend 20k on paint and some new kitchen appliances, but the roof and foundation are still shot and the 100k ARV is more like 70k in reality.

Learn property management, analyze rental demand, find high-quality tenants, and budget for renovations and repairs.

I see this is posted in the house-hack forum so I'll make the assumption that you want to owner-occupy your next investment.To work more hands-on, you'll want to spend time searching for deals, analyzing deals, and networking/building a team.Before your property search, I'd recommend speaking with a lender to find out how much you'll qualify for.

The idea is by spending big on amenities, you'll outperform other properties. 

The downside of allowing your capital improvement budget dollars to be held in a lender-controlled account.  

LMHA gets a staff of a couple dozen people and a big budget to be bureaucratic, the tenant gets cost effective safe housing, and we get steady rent checks)Does anyone else have these issues???