If you know your end game and you know how to get there with means (money, time, lawyers, brokers, agents, BPers), go for it.

You should do what you love Learn every part of construction that you can then you can offer your services to other investors and be able to jump into the game with low funds or bad credit.

Thinking about getting back in the game, but the cheapest multi-family in my area is around $600K so I feel kind of hamstrung.

I am looking for a mentor, not looking to share profits(unless I have some skin in the game), otherwise I am willing to do some of the day to day stuff that you don't want to spend your time on. 

I found one that plays the Cash Flow game by Rich Dad Poor Dad once a month, but that's not what I'm looking for. 

From experience, hard money guys like to see at least 15k (your skin in the game) in the bank before they will give the green light on funding your projects.I have not personally done any wholesaling, but from what I have gathered, you would have plenty money left over for a good marketing campaign!

It all comes down to the end game.  

Owner occupying a 4 plex is a great way to get in the game with as low as 3.5% downpayment FHA.OTOH 5 and great units are financed as commercial mortgages usually higher interest rate and maybe only fixed for 5 years then adjustable. 

With conventional financing, you have to have "skin" in the game.

So my experience is it all depends on the end game when I am looking at propertirs which changes the expectations on numbers I need to meet before making a move.