My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.

After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

But when it's equity gains, no tax, only at time of sale and if you 1031 Uncle Sam let's you continue to use that tax-$ for investing purposes.

Those were very good areas a couple of years ago when people were less aware of Ocala but it's gained in popularity so it's become tougher to make the numbers work, but there are still deals to be had, especially for rentals.

I lost money (opportunity loss) but I gained a wealth of experience. 2.)

If you’re selling and you’re going to buy another rental no matter what, if you probably do a 1031 unless you have almost no capital gain or depreciation capture.

And would this be considered "capital gains" since it's re-sold under 1-year therefore having to pay a large % of tax on the profit?

I'm trying to learn and gain confidence for when I'm ready!

After gaining some home equity, I sought to pursue my investing goals.

I am excited about gaining more knowledge and deals!