If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages. 

His zoom calls are basically him talking to his buddies and he is very rude when you pose a question.  

No personal income or tax returns are required.

I spoke with State Farm, but they require plumbing and electrical panel upgrades just to consider reviewing my application.

In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.

Tax law requires it.

Once you’ve mastered the basics and feel confident, you’ll be better prepared to explore long-distance investments.

The amount of downpayment requirement insures buyers having "skin in the game". 

Using a HELOC for the down payment on the second home might be an option, but lenders may require you to wait a few months post-closing on the multi-family before approving new loans.The BRRRR-style approach could work if you can renovate and refinance quickly, but make sure the timeline aligns with your lender’s requirements.

The vast majority of properties at their available prices will not meet this requirement.