@Alonzo Mansel wholesaling is usually not a full time job if you are starting on a small scale  It is very possible that you could do both at the same time.

@Shirley Rozenshteyn I understand, it does seem like an upper scale area.

That helps diversify but I wouldn't go into the full scale development until you had a commitment from enough builder to at least break even on the project.  

We're certainly not there yet however.To sum up my frustration and the use of that dirty word GREED...I stand behind my use of the word, but a better way of putting it would have been to say that one should really consider their motives in scaling up as much as possible, even after they've attained significant scale.

I would keep doing what you have been doing, since you have proven that it works until you can do something on a larger scale.

@Jordan Moorhead We are looking at multis since the numbers look better and you get an advantage of scale.

But if/when a correction happens we'll stop or scale back on the renovations and still cash flow (assuming other variables aren't in play). 

That is to say , when you were getting enough income to buy other properties outright and scale out ??

This is a great way to scale your portfolio  very quickly using fewer loans.

@Jay Hinrichs agreed - leverage is absolutely necessary to scale.