I am trying to find the best thing to do with the profits.

This area has a good appreciation rate so down the road we can rehab and sell for a profit. 

8)Access your buyer's list and push the house until an investor buys it-- Market your wholesaling business9)**When an investor signs the contract**-- Charge a wholesaler fee-- Get your deposit back (if you needed one) and make a profit 

. $2,500.00 MONTHLY INCOME$1,739.50 MONTHLY EXPENSES$760.50 MONTHLY CASH FLOW2.41% PRO FORMA CAP RATE$9,126.00  NOI$295,800.00 TOTAL CASH NEEDED3.09% CASH ON CASH ROI4.56% PURCHASE CAP RATEAfter Repair Value $379,000.00I will Sell the Property in year 3-5 years with a $92k-$139k in profit. 

8)Access your buyer's list and push the house until an investor buys it-- Market your wholesaling business-- Possibly make a website for buyers to see your criteria of properties to sell9)**When an investor signs the contract**-- Charge an Assignment Fee-- Get your deposit back (if you needed one) and make a profit 

3- timeframe, probably several months of living in a construction zone, not fun.4- there are other options for you to "house hack " and be profitable and retain the value of your house, without people stomping around above your head at all hours of the night.

"Gambling" that the value of the asset will increase also has its risks.

Is it because you're also paying down the mortgage on the property so 15 years from now you'll own it and can sell it for profit?

Can you still make a profit in this market on rentals?

Doesn't have to be contractual but can be a casual negotiation, with most wholesalers they know where there numbers are and they're looking to make the profit over 20 deals versus holding onto one property till their contract expires trying to milk it for all its worth.