Lesson Learned  - One thing that never gets reported directly it seems like is CoC return vs. projections.  

Any referrals or direction are appreciated!

Have you considered self-directed IRA option for retirement accounts not with your current employer?

@Anthony D'Angelo I'm an active mortgage broker that focuses primarily on investors most of which happen to directing their attention to out-of-state properties. 

Anyone can recommend this newbie some good directions pls.Thanks in advance.

If a commercial property such as 9+ residential units (such as an apartment building) or not residential, the below doesn't apply. 9+ units typically take extra expenses into consideration such as management fees, utilities, etc. 

My team has had great success in everything from MLS, wholesalers and direct purchases.

Historically we don't apply Cap rates to under 5 units as the landlord traditionally does not have operating expenses except perhaps PM, once all units are filled, hence CAP rate doesn't apply.

I only use leases if I rent directly, not on a platform like Airbnb & VRBO but something like Furnished Finder or if the guest extends offline. 

Feel free to reach out if you have more questions.Thank you for your advice.My thinking aligns with yours in that, at this stage, I lack the credibility and necessary funds.So, in the meantime, wholesaling seems like the right move for generating cash flow, familiarizing myself with the lingo, and expanding my network to build a list of buyers and potential partners.I've registered for a multifamily event next week and applied for membership in the young professional real estate group in my area.I do have one question, though, considering I'm at the beginning of my journey: What skills do you think I should develop to be useful?