My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.  

It won't take much money to purchase something that makes sense.Use the remaining money to invest long-distance.

Talk to you soon!

@Lawrence Mitchell,Welcome to the BP community. 

@Malcolm Brown it is great that you are thinking of the money to fund the deals you are going to get started with but understanding what a deal is, I think, should be the starting point. 

I am going to talk to my CPA and see if I can convert.   

Everything is going wrong. 

@Armani Pimentel Yes, I believe that wholesaling is generally not the way to go, because it is getting banned, there are people who try to take advantage of aspiring entrepreneurs like you, and it is extremely low probability. 

You just need to have more reserves set aside compared to a single family.

Go to this link, the IRS Form 1065.