I have been told I am ultra conservative by numerous parties........ : )I look for great deals not good or marginal deals.

I am more likely to take note of the agent shows up driving something Hummer'esque or an ultra high-end luxury sedan (and not in a good way).  

Admittedly the breakdown isn't ultra precise as I wanted to see if we were even in the ballpark before getting much more detailed. 

The one nice thing is even with PMI, my ultra low down payment means I will have all of my money invested out of this property in 16 months.

I'm not boasting, I'm just making a point.

Superstars are hard to find maybe 10 to 20% of workers out there.Some workers want high pay and ultra flexibility but that may be at odds with what is best for a business.  

There may be site specific or submarket specific factors that justify paying this price and cap rate is not the end-all, be-all justification to price an asset, but in general a cap rate in the 4s for a c class multifamily property is ultra aggressive.

At this point after more thought, I will either work my butt off in my current W2 job and try to go ultra-frugal and get #3 done without any or much financing (one more SFH).  

Except for a very few I see wholesaling as a short game IE 99% wipe out rate... but for everyone that tries and can't make it 100 replace them.. thanks to internet and Guru's and what you see on BP.... when someone post and boasts about how they just made 15k on an assignment fee. and you have your beginners on this site in a low wage environment somewhere in amercia were 15k is 1/2 or 1/3 a years salary well you can see how that gets these folks jacked up

I obviously understand that the median market homes ($170k here) are always going to be WAY hotter than ultra-luxury homes ($1M+ here), but it's just to been to a higher extent than I would expect.