A lot of this game has turned into a social media/marketing business instead of RE investing.  

Some good advice shared on how to mitigate the cost obstacles you are facing but I am afraid what you perceive as high costs are actually normal costs associated with single family homes of the vintage you purchased.

I don't keep printed copies of their social, date of birth, driver's license, etc.

By strategic, I'm assuming you mean brand/positioning/strategy and not specifically social media marketing, correct?

Can anyone recommend any meetups or social media groups that I should check out?

I was introduced to wholesaling a few months ago and don’t even have a business, LLC, Tax ID, social media or anything set up.

What are the obstacles/cons that I will face IF at the end of year 1, my property has a market value of 60% of what I bought it at and the market rents are 60% of my monthly mortgage payment?

If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.

If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.

The residents do not cause problems, they are generally on social security so if you give them a 5% discount they will pay their rent a year in advance, and they will host fundraisers to improve "their" clubhouse.