Then I had someone tell me that wholesaling may be the most conservative option for me being that I have a wife and 4 kids and can't really afford a lot of risk without sufficient cash saved up.

Like how much $ is a little money, what city Adam intends to buy in, is there continuous income to pay mortgage, etc.If I have to comment in general (as a fellow investor), especially for young people starting out, first consideration is affordability. 

I am currently skimming my marketing and only marketing to houses I can afford which means I am missing out on a lot of potential houses.

If you can afford to buy something, anything even it is a small one bedroom condo, everyone in the world should buy at least one condo/house for themselves to live in.  

I am employed and can definitely afford the mortgage by myself.

Of course, there will be a premium attached for their work, and you can expect to pay cash or equivalent (hard money or line or credit), but this is still a great choice for someone who doesn't want to (or can't afford to) do all the work of marketing to find motivated sellers.

I am estimating that there is still about $5500 worth of work to complete the project plus the dishwasher, refrigerator and some bathroom items (that I have already paid for).The gentleman and I still have a relationship and he is paying for a guy to come work when he can afford it (telling me he is building mobile homes for $12/hr during the day and managing the night shift at McDonald's to cover bills and my work).

Greg, I understand your frustration, but I think that this offers a great opportunity for those many tax sale investors who incorrectly thought they needed only 3 years of seasoning to obtain a tax deed with no redemption rights.

A lot of us own equity together in certain wholesale projects due to us actually being able to afford them with ease with multiple people involved in it. 

Does anyone have any suggestions for locations in the mid-west with affordable multi-family inventory?