Also if you plan on renting to people who are on section 8 you can get a hold of the Lee County Housing Authority as they are always looking for places and they currently have a bonus (I believe it is still available) if you rent to someone who has section 8.My places up in Lewiston, Maine are almost always rented through Facebook Marketplace. 

And "bonus" points because she had only lived there for 8 months and I needed to evict her, to get her out.  

It depends on where you are too if this is worth waiting on as in some areas (higher price point markets) the ‘bonus entitlement'/2Tier for first time users of the program can be higher.

The unexpected bonus was my personal credit got a boost and I no longer had any long term debt personally.

And the tax free portion you can use to invest in any other sector inside or outside real estate.And the biggest bonus - you won't get to ever get all of the gain tax free. 

FHA gets a "bonus" since even 4 family units are allowed to be 3.5% down...Generally, nowadays investor properties are 20% to 25% down as I recall depending if its on teh purchase or on a refi (latter is definitely 25% down / 75% ltv)But, I think back to your question...  

**Bonus question: can anyone give me some good tips on how to verify a wholesaler is legit and not a scammer?

The extra house is a bonus though if it’s illegal would not give it true market value and let them sell it to me as a multi when it’s not.

I think where your thesis goes off the rails here is using the presumption that you can offset your gain from the first sale from the bonus and accelerated depreciation from the second deal.

I was able to work with a smaller lender who set me up with hourly base pay and bonus structure for assisting other LOs while I learned the biz, got licensed, and developed my own lead funnels.