First step would be getting pre-approved.

Both are investments if they are purchased right, and if you know the number you want and how to get there, then taking baby steps to achieve that is what matters the most.

What is the next steps in the wholesale game

There are 2 methods of egress directly to outside  - front door (in living room) and back door (in hallway/mudroom). 

Always good to see investors taking steps to move forward!

Id contact a mortgage broker who can run numbers for you and let you know how much you might qualify for as a very first step.

How do you find the point of diminishing returns for rehabbing when using the BRRRR Method?

My step mom is a massage therapist and she wants to open her own business. 

Sincerely,Ken Ken-I don’t have any steps or advise, although I too have looked into this myself.If you have an attorney and CPA it might be good to begin with them to find out the pros/cons of doing this. 

I know of five methods that, have varying %'s of success:1 - Crystal Ball = 20%2 - Ouija Board = 21%3 - Palm Reader = 22% +/-4 - Card Reader = 22 - 23%5 - Fortune Teller = 25% (but I think they're just more experienced at guessing)...or, you can just do a really good analysis...and hope for the best.