The proposal includes plans for for more than 1,000 residential units at the north side of the project consisting of 122 single-family homes of various building types, 786 multifamily units and 153 carriage house apar...

Then he'd pump money into finding houses, then he'd wholesale it to himself and then get a hard money loan so the wholesale fee always covered his needed capital to close the loan.I had a long conversation with him one day about the wholesale industry. 

@Zach Kirchoff I second @Jay Hinrichs in being impressed at your achieving a $350k LOC, that is not an easy feat in that industry segment what so ever. 

Find a side gig, a new job, or work with someone in the real estate industry and learn the ropes.

I am military, and from what I’ve read there is an exclusion of capital gains taxes out to 15 yrs vs the normal 5 for military members.However, I only lived at the property for 18 months, not the 2 years required. 

https://www.jpmorgan.com/insights/real-estate

But then you miss out on the capital gain exclusion after 5 years.  

For the last 20 years I’ve used almost exclusively Allstate with about 10% of my properties covered by American Modern.

@Shay Sherbotseli I'm an agent that works exclusively with investors looking for investment properties.

Are they looking for cash flow exclusively, moderate to high appreciation potential, or both, etc.Typically, with more “affordable” markets, you get better relative cash flow but also more intensive management concerns (vacancy, collection, maintenance, turnover, etc) and less appreciation.