Both banks and credit unions are good starting points, as they can offer different types of financing solutions that might suit your down payment goal of 15-20%, but the chances of getting 15-20% are limited as 25% is more likely to open more doors for you. 

A brokerage's focus, is on the revolving door, putting butt's in seat's and milking the averages because we know 80% will immediately wash-out, of the remained 80% will do little for next few years before also washing out and make us some $, and what's left is our pay-checks. 

Hey John, I'm happy to share some of my journey.I'm in CA but own 12-doors in Detroit.

It can be a great opportunity to run an STR for those three years that he says he's going to be there and build up a bit of a stronger reserve fund for when he converts to medium or long term rental when he moves out. 

The issue with wholesaling with a license is taking a wholesale fee outside of the brokerage, which you can not do and would cause you to lose your license.Marketing to get in doors with a license and the ability to buy is fine, but the second you assign a deal to someone and take the spread and the brokerage does not get a cut, you are in jeopardy.You are convoluting marketing as an investor and wholesaling while backpatting yourself multiple times in both posts.

I'd have an agent run comps. 3 smaller lots would do better but you also have to weigh the time/money it takes to separate it.

Hello everyone, my name is Charles Cinco and I'm fairly new to the world of real estate, but I am thankful and glad that I have my cousin (also Charles) running with me on this journey! 

@Timothy Altman recommend you start by making an offer that meets your ROI target.The seller will probably reject your offer, but it opens the door for further discussions.You can then discuss alternative transaction types.

@Alon Attias Hey Alon, I run an STR management company here in Austin and I'd be happy to answer any questions you have about the market!

As you acquire more, you can run the numbers and see at what point it would make sense to transition into a larger MF property by 1031 exchange.