Should I be aware of potential headaches ahead should I pursue? 

Money Mustache to live below my income and invest so I can have more time to pursue things that I love and causes that I care about.Am very excited to absorb information from anyone willing to lend some - also willing to put in hard work to learn the ropes from someone more experienced!

I am beginning to pursue wholesaling as a start to my REI career.

You should work along with your goals and stick with pursuing that. 

Then you can pursue in small claims court or put a deficiency on their credit report 

To get to where I can replace 50% of my current income so I can pursue a different career.I'm also not dead set on having to have a house in CA.

The 4plex situation is definitely something I am definitely wanting to continue pursuing.

I would say that if you want to pursue it, you really need to get a lawyer that will go after the builder.

I am intending to use an FHA loan (or FHA 203K loan depending on the nature of the deal) to fund the purchase of either a one or two unit piece of real estate.However, I will be leaving my job soon to pursue an entrepreneurial opportunity.

I guess what I am looking for is someone I can achieve both of these objectives with as a broker I can hang my license under and someone I can pursue wholesaling deals with simultaneously.