If you have that kind of money you should be closing deals, not wholesaling them.By the way, wholesaling is NOT investing, you're not holding the properties, your trading them. 

Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.

The last deal I did like this, I bought a $145K home with about $10,000 out of pocket for repairs & closing costs

It's a wholesale deal close to downtown and I want to build a portfolio of duplexes for buy and holds because of the ROI.

Id also recommend if this is your first investment property your buying to have it as close to home as possible.

I closed in late 2022 and have had a journey since that hasn't allowed me to make any more moves but this year I'd like to get buy my next property.

we bought our primary resident property, and ended up finding the drainage system is broken after a year or so, and paid close to $30k to completely reroute some part of the whole system. 

Do your due diligence.furthermore, are there any burnout houses close by, is it in a safe neighborhood, is this in a rural area, is it a metropolitan area, what's the economy like there, just because other places nearby are renting doesn't mean that your house one block over is not next to something that is uninhabitable, or poses a security risk, or maybe near an abandoned field, a graveyard, an airport, many different factors there to consider.  

They would have got about 35k at closing.

I’ve been watching the Oklahoma market closely, and it’s shaping up to be one of the best places to invest this year.