Nick, If you want to be a Wholesaler, it might not be a good habit to just become part of a "daisy chain" or "pyramid" selling scheme, whereby Wholesalers buy from one Wholesaler just to sell the Contract to another Wholesaler because supposedly the deal is "still good" (think of the Simpsons scene where they are chasing that airborne pig)! 

Wow based on multiple input from variety of reliable contributors looks like Mr.Cohen is fraud and swindler, who run financial pyramid scheme using new investor funds to pay off old investors.

The goal is to start small and then invest in more multi-family homes (over time ) via house hacking each property until we can pyramid up into commercial apartments and eventually purchase our first home while generating passive income from our rental properties( we will continue to work in our current professions).

Buy and hold and continue to pyramid your holdings into more properties.  

My end goal is to eventually pyramid up so that after my first year I can eventually sell and purchase a bigger property so on and so forth.

It seems like a good plan but concerned about cost and also are they just making money on getting others to sign up (Pyramid Scheme) or are they truly investing   

Do the math for yourself I have, Leverage built the pyramid's its good enough for me. 

Since the Bernie Madoff Pyramid Scandal, this is something the SEC takes very seriously. 

They added footings to vertical beams around the house, but they're pyramid type footings mostly used for decks, etc. 

A beautiful part about selling real estate is were not selling Herbalife or a pyramid scheme here.