You’re betting on appreciation and choosing to lose money monthly (rather than increasing a down payment) to make that educated guess and keep capital in the bank.

@Tony C. remember the advice: "Don't bet long term with short term money." 

Your better bet is with the income from the business and adding back any depreciation expense you are claiming. 

I am open to any advice or resources that people may have as I start my journey. 

I bet if you buy multiple, either company would give you a small break on them.

Which list is the best list to start out with when beginning your wholesale journey?

Plus, if I start in area A, it would likely expedite my journey to area B, but not the other way around.

I hope this helped, feel free to reach out if you need anything along your journey...Best of luck to you!

Texas, lived in Houston for 9 years after graduating from Texas A&M and for the past year have called a small town in south central Arkansas home (El Dorado, AR.).Having lived here for a year I’ve seen what this market has to offer from a housing standpoint and there is a serious void of modern/updated housing, be that for sale or rent.I’ve decided now is the time to begin my journey as an investor.

I bet you'll be able to connect with someone willing to do a JV (joint venture) with you or at least offer "softer" hard money to get you going!