Hi @Josh Flaucher -- Welcome to BiggerPockets.The BRRRR method is a good way to go if your have he time and want to be an active real estate investor.  

I was convinced by my landlord/friend that buying and holding multi-family's was the way to go, but after reading books and listening to the BP podcast, I find myself open to some of the other real estate investing methods.

Sorry if this post seems scattered my idea was just to lay my situation out on the table and see what the brilliant REI minds of this community think!

Of course, you can choose your own method, but, I'd still guess that $980/y is too low!

It seemed brilliant and really want to give it a go.

The MAO formula is the best method but I use 65% - fix up costs if I'm wholesaling a property. 

@Kevin Fox: That is a great method, definitely...PM me when the next meet will be.

He said he thought it was preferable to just about any other method, and has been doing it for well over 30 years.

Besides gaining sponsorship, passing the exam is all I have to do to gain the license.After talking with a top recruiter at Keller Williams, he revealed that he believed the wholesaling method of real estate investing to be "unethical" by stating that it takes advantage of the seller in several ways.

Now that I am thinking about it, that is probably not the most efficient method.