;) I bet the Bel-Air mansion is also in the name of a trust or LLC, and I bet it is in a different name than any other properties they may own ... rich and famous quickly learn how to become rich and anonymous, but the truly smart rich folks never seek out fame in the first place ...

Its one of those things that people consider a "safe bet", but we all know that can't be true since almost everyone thinks that way.

I will keep you posted on my progression.

We did a service upgrade (60A to 200A) a few years back as part of a renovation and DEP (Duke Energy Progress) ran about 50 feet for no charge.

Looking at listing may not need full rehab, new roof and water heater done, 3br in neighbor run 900 to 1000, rehab for low maintenance, try to buy as low as you can , look at comps, probably could go in as low as 38-42 with good agent and stress as is, maybe a few agents here to help, get one to give you good numbers not listing agent numbers , street is a nice one for area, not much back yard or parking but nice front, before you close make sure vacant  contingent, if numbers work I would do it, the are predicting an abundance of rentals avail next year with building craze but keeping expense low you should be safe, remember don't rehab as if you are living there, think durable and repaintable, number should go into systems and structure first, elect,heat,walls, windows,floors,plumbing, if you use a contractor go with one you know or work with someone in area to keep an eye on progress, good luck at least you know some of the history of the property

Hello, I've been trying to get started wholesaling properties for about a year now only to have no progress at all.  

Your best bet for a mentor is anyone that you have done work for that has multi-family properties, or is a real estate investor.  

That being said, the purchase price is below $100 per square foot and I am betting the steady flow of increasing population to come to the Houston area as it has for the past several years.

That would be your best bet. 

I think you best bet It's to find a duplex to investing in house hack