I also seem to have a mental block around being far away from a rental property if anything goes sideways or otherwise requires some hands-on intervention.

Even if you plan to manage yourself always calculate property management to know the return if you were 100% hands off. 

So, that's where I feel if I could put together a good team that will oversee and manage the project first hand, then it would reduce the anxiety of the unknown. 

. :)  boy I should have bought every 50k lot I could have got my hands on .. but I was from Oregon did not really know.. and it was a huge leap building new construction next to houses that were literally falling down..

I've done 3 deals, my first one I worked alongside a mentor he held my hand through the whole deal and took over towards the end because I still didn't know or had experience dealing with banks, the other two I did on my own where I put up the Ernest and Option money and sent the contract off to title and I didn't even have to do a double closing because both my Seller and Buyer knew from the get-go what I want for providing my services and I'm all about fair deals, I hoenstly see wholesaling as a necessary evil.

Focus on the task at hand (school) & do whatever you can to graduate debt free...it's a great feeling and will be very empowering.

Or it may be worth doing if you feel like you want more hands on experience or live close by.Some people budget for about $500 a pad just to be safe.  

For a run of 1000, even with all supplies on hand,, a minimum of 8 hours...that's a full day's work!

Hello all,We have just funded my wife’s SDIRA and have been reading everything we can get our hands on.

On the other hand keeping the property will allow you the potential to benefit from appreciation in the future on the property.Normally I would strongly advise unloading any negative cash flow property however if your purpose is only to hoard the cash in another property there is no net gain in selling.