In the meantime, wholesaling could be a great way to make some cash, learn the ropes, and build connections without a huge financial commitment.

I am not really a fan of the program because we have a very nice situation in our current home.Putting 20% down for a conventional loan is a steep task financially so I do not think that is an option plus I have been told by many of my friends with multiple MF homes to never use your own money to get into one.Then there is always using the equity we have built up in this current MF home we live in to purchase the next - I am not sure how that works but have done some research on home equity loans and believe that would be another option.Any advice would be greatly appreciated!

The financial model does not work long-term. 

Does anyone know a good financial adviser/planner that I can use in the area?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

If you’re short on experience or financials, bringing in a sponsor with a strong balance sheet and track record can make all the difference.

. - Bonus Depreciation Recapture form the cost seg you did can be taxed at the marginal rate but this can be minimized the the asset is held for more than 4/5 years. - Capital Gains: Gains from appreciation remain taxed at the capital gains rate, not as ordinary income.

If so then  each real estate asset class has different risks. 

However, after taking a deeper look at the financials, we realized the property would barely cash flow.

Quote from @Brendan Lawrence: Looking for solutions to offer financing to buyers:We have a unique asset class that we're building out here.