If you are doing wholesaling as a side line, how good to you think you will be at it? 

With that being said my credit isn't good (preventing me from owning just yet) but Im tired of sitting on the sidelines and waiting while I recover financially.

Sideliners (people who see the movement but take no action to benefit themselves; i ground myself and say im one of them.)

I hear you on not selling everything and sitting on the sidelines. 

Investors are VERY active right now, and if you sit on the sidelines, you'll miss the deals.

However, my main goal at this point and time in history is to preserve capital until the dust settles a little and I can see blue skies ahead.If you were one of my 5 Children or 14 Grand Children I would advise you to sit on the sidelines for a bit, take a chill pill and wait out the storm that lies ahead.

I look forward to interacting with everyone here and can't wait to be the old-head passing on wisdom rather than the noob on the sideline :)-D

J, my primary mortgage that I obtained at 3.875% before the rate hike I can now obtain fee free from 3.375-3.5% as of today but too bad I cant refinance for 120 days so I am sitting on the sidelines watching all of this play out.

The traditional wisdom in any business startup is to keep your day job and only quit that when it's bringing in less money than you can make with your "sideline." 

That means you will either need to sit on the sidelines from time to time and wait until buy-and-holds make more sense, be fexible and adapt your strategies to the changing market conditions (eg: transitioning from buy-and-hold to flips, and back again), or seek investments out of state.