I have plenty of study material and I passed on the first try.

Most people have many beliefs around having a lot of money, positive or negative.I won’t discuss those at the moment.If you are interested, there is a LOT of material on this topic on the internet.What I do want to discuss is this: If you were a multi-millionaire right now, had millions of dollars in assets, what actions would you take every day?

You can decrease expenses by looking for efficiencies (ex. more efficient fixtures and materials to save on water and electricity). 

Your time here will be well spent.Since you mentioned an interest in wholesaling, I added a gude and podcast below to help fine tune your niche.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)https://www.biggerpockets.com/renewsblog/2013/10/31/wholesaling-podcast-mike-nelson/ (BP Podcast 042 - wholesaling)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

- Older homes in need of major repairs- High cost of materials- High cost of labor- Lack of available labor- Uncooperative weather- Strict building codes- Very picky buyers- General distrust of flippers in the area - Large seasonal price fluctuationsOf course, none of those things is a big deal if you can pick up deals at a price that accounts for those factors.  

It would be a good material to start with.

Licensed PM company with workers comp and general liability should do it for somewhere in the ball park of $50 for the first hour and $45 for each additional hour plus cost of materials. $175 to $200 labor not out of question. 

Less hassle than dealing with multiple colors, less materials to keep on site, less issues overall.

You must take risks, but, ensure that they are calculated risks.Below are some links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/rules https://www.biggerpockets.com/inviteshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

A very basic quick calculation I use is 7.5 bricks per sq ft, and then about $1 per brick for material and labor.