I come from a middle class background- education and paralegal work are the world that parents knew not board rooms, mergers and acquisitions, and securing millions and millions of dollars for projects.

You are better off getting started with a clean slate anyway.Not a bad idea, except I don't know if they can get that done before closing in 3 weeks...without cash for keys.

A few keys to quickness: Your contractor should be ready to demo the day you close and own the propertyYour lender should be included BEFORE you close on the house so he can make sure the HUD is optimal for extracting all your cashI put the property up for rent about halfway through rehab, once it starts to have the GLOW of opportunity ;) overall it was pretty easy.  

The key is to be organized (investment package), properly present your case (solid underwriting) and persistent.

I know for sure that you can give Home Depot cashiers credit card numbers over the phone to key-in for a purchase.

If I'm virtually wholesaling from out the country how do I go about obtaining the key for the property so that I can give my buyers access to the property?

@Luke FernandezYour wife is not on board.

If I do the single family option, I don't know whether to go with a turn-key property that I can just hold and rent or if I should find something cheap that needs a lot of work and then rent/sell it.If I do the multi-family, I would prefer something that doesn't need a lot of repair work.Just looking for the best advice to get the first one under my belt!!

White board at every flip with meeting area6.

I decided to get my license and according to the math I will break even on the board of realtors fees if I do one deal per year.