I think ultimately, thats the key. 

Website had no useful functionality; every booking was ultimately done manually after receiving phone calls/emails from their representatives.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Can anyone please advice on what I should know, where to find deals and ultimately how to wholesale my first apartment building.Matt

Yes that's what it will ultimately cost. haha

Ultimately, the decision depends on your tolerance for waiting.Good luck!

Ultimately, it comes down to your strategy and how much you aim to scale. 

However, that won't work for several reasons:  1) The lender is not going to finance the $15k assignment fee2) The lender isn't going to consider the purchase price in this example to be $150k, they would typically use the $135k price in the original contract, and 3) In this particular example they may not even use the $135k price because it's not an arms-length transaction since it ultimately boils down to a deal between you and your father.I applaud you for trying to be creative, but ultimately what you're proposing isn't going to work and it's going to make the transaction a lot more complicated than it needs to be.

Hello Bigger Pockets folks,I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot.

Everyone has provided great insight so far, but ultimately your obligations as the landlord and the tenant's obligations are defined in the lease.