As an inspiring investor that hasn't gotten a property secured yet, the learning seems endless.

If you've read through all of that, I will do my best to answer your original question, although I've never wholesaled anything myself -> Step 1 - Market to find motivated sellers - search for threads such as Driving for dollars, Direct Mail, yellow lettersStep 2 - Determine fair offer price - search for threads such as 70% rule, rehab costs, after repair value, talking to motivated sellersStep 3 - Make offer, get house under contractStep 4 - Find/Communicate with end buyer - Determine fair final sale price - search for threads such as buyers lists, there are differing philosophies on buyers lists.Step 5 - Close - search for threads such as double closeWithin each of these steps there seem to be numerous, near endless, rabbit holes of information that you must learn. 

The city of endless wind and cold, Casper the oil field support center of the state that always booms busts, and booms again.  

However, California is one of the most beautiful geographical ares in the country, has terrific tepid climates, and endless opportunity.

This sub-market has so many natural family friendly attractions such as Luray Caverns, Shenandoah National Park, Lake Arrowhead, breath taking hikes, endless historic and scenic marvels, and it is just east of the Shenandoah River.

Just buy and forget it as the cash automatically rolls in endlessly compounding to create generational wealth.  

Real estate offers endless opportunities for growth, learning, and achievement, and I have no doubt you'll make a significant impact.Diving into real estate investment can be both thrilling and rewarding.

Do everything you can to leverage your time to gain experience as opposed to looking for the deal or the money right now.Starting out of the gate doing a no money down deal is possible but it's more the exception than the rule in my opinion.If you are already reading and do the research then you don't need much more specific advice you just have to continue taking action every day, and continue working hard to leverage your time, where you can gain experience.There are seemingly endless possibilities to get started, but if you keep seeking knowledge & experience, you will figure out your way to make it work.

There are an endless supply of options out there. 

Bottom line is if you already make a lot of money you don't need the headache of low income tenants and questionable areas.If you are someone that is trying to take very little and turn it into a lot and you have endless energy and can handle the constant issues then it might be worth your time.Not trying to put any investors into a certain category but I do see low income investors more from people that make say 40,000 a year at their job and are trying for maximum cash flow to break free and live on real estate.