If MFH, it's closer to 500'ish but many specific variables rapidly adjust that such as use of on-site PM assistant's, caretakers etc..

I’m happy to go over specifics with you if you like. 

Specifically Draper or Lehi areas.

In short, it makes economic sense on your residence, in very specific and controlled conditions. 

@Hunter Cole As it relates to wholesaling specifically, no matter how good of a deal you think you’ve got, if you don’t have it under contract, you don’t have anything!

Once you have this team in place, you should be able to invest in any market confidently.As for picking a specific market - I would go after one with an increasing job and population growth.

Do you have someone specific (handyman, contractor, inspector etc) do the move out inspection for you? 

Is any land dedicated to specific residential dwelling?

What specifically are the PMCs charging for that is restricting your cashflow?

If I were in your shoes, I would do the following:- set 6 months worth of income aside in a HYSA to save it for a rainy day (this will help shield you if you lose your job, or if something goes horribly awry with your investment properties)- open a Bank on Yourself life insurance policy (this is a specific type of high dividend paying whole life insurance where you can borrow against the cash value in your policy at any time and the money will continue growing as if you never took out a loan.