adwords is awesome and can produce immediate results, but you'll need some coin to spend in order to see the return BUT the return can be immediate if you have the right person running your campaign

Once my wholesaling is very consistent, then I honestly, it's a drop in the bucket for what it could produce, even if it only did half the stuff it say it does.  

I'm completely new to RE and want to pursue it as a way to gain assets and produce income while working for myself.

Of course, now you'd be in the same spot the current owner is in...the proud owner of an investment asset that does not produce cash flow or profit(s).

Do your own calculations.It would be almost impossible for someone on here to tell you what should be included in the scope, unless they know your specific market like the back of their hand.I think @Brian Burke said it best when he said something like:Don't spend a single dollar on something that is not going to produce $1.XX in return.

Quads to me are a unique beast because they almost produce enough income to be a commercial property, but not quite.

I had a contractor out to look at a prospective property today, and he agrees with the system and the best ways to utilize it.To answer your question, some lenders will allow you to count rental income from income-producing properties you already own.

Some of the surrounding towns can be ok depending on how you want to run your business; what kind of tenants you want to manage, and what kind of product you produce will determine your success.

Outside of that I also love to talk to others who are into these types of things and look forward to learning from all of you.Looking forward I am trying to get more into property development specially regarding vacant land that hotels and other incoming producing properties can be built on.  

Real estate investing (that is, putting your savings into buying income producing properties) can produce long term wealth.