I'm new to real estate investing, and obviously I hear a lot about wholesaling being a good and cheap way to start/break into rei.

In general, however, your body of work on the site is permanent.

Does anyone have some creative ideas on how I can break into the market?

You've gotten a lot of good info and I see that you understand you are likely to be around break even and using the tax deferral strategy as the key goal. 

Our Mountain cabin more or less breaks even for now and that is fine as I like going there and it will do better over time.

Hey everyone!
My name is Breydin, I’m 19 years old and just getting started in real estate. I live in Utah, and I’m currently focusing on learning and taking action in wholesaling here locally.

Right now I’m in fli...

Hey BiggerPockets Family,
I’m 24 and have been helping manage about 75 doors (SFHs + small multis) for the past year in Los Angeles. Property management has given me a solid foundation in operations, but I’m eager to...

So purchasing a traditional turnkey property in NJ you may be at a break even day 1 but year over year with significant rental demand and increases in rent a break even property has potential of turning into a cash cow.

Considering selling it and hoping I can break even or at least not lose too much money. 

i figure leveraging some of that equity (450k or so in total equity in that property) as well as financing the other deals with a good down payment will alow me to scale and have the tax breaks at the same time.