And plenty of people wholesale mls all the time and get deals it's actually quite common.

I wonder if you could actually mix the two populations?

We actually decided on a property in White House Tennessee and our plan as of now is going to be to mid term rent it during the months that we are away and then eventually turn it in to a long term rental in 3 or so years.

I have actually cashed out a lot of my IRA now bc I have so much depreciation from RE that my tax bracket is very low and the taxes to pay on the IRA withdrawal are also pretty much non existent (taking aside the penalty). 

In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives. 

@Chris Lin not sure where else you own properties, but all their fees are what is normal for the Metro Detroit area.We have heard some PMCs offer lower fees in other parts of the country, but from what we've researched, these only apply to Class A properties - which are REAL easy to manage.We actually charge LESS than average to manage Class A rentals in our market.

Definitely going to consider everything including your last point about 0% interest credit to actually execute the flip and get materials/labor.

What you wrote is actually kinda correct and I quote: "I would say it is actually quite similar to Southern Spain in many ways.

You can't really know what to do until you know who actually owns the property and if there are any pending lawsuits. 

But, it's very commutable, and a lot of people working in Reno (especially South Reno) actually live in Carson City because it's cheaper.