Far more than most real estate acitivies and much quicker think about it.. you sell the same info over and over and get paid instantly you have no roofs to fix no tenants to manage etc etc.. you do have reputation management of course.

Second, real estate investments generate a return in one of two ways - Cash flow and appreciation.If cash-flow is negative, is the appreciation making up for it?

Which market do you have experience in and how is your experience working remotely with your real estate team in the area?  

As long as the wholesaler is direct with the seller and the deal is real, go for it.

At the time they had a real estate degree (they probably still do).

The intent of getting a sales agent license is to educate myself in Real Estate and create some additional income.If your relationship is such that you need to hide your license, you’d be better off with a different working relationship.  

They are usually real estate salespersons as well. 

I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1.

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation? 

Your reinvestment targets for a 1031 exchange would have you purchasing $700K of replacement real estate using all $500K of equity.