I hope people are amused but more than anything I hope someone just getting started like me, can read this and use it to start their own buying adventure and learn from my mistakes(or hopefully successes). 

Fast learner and I have the time to devote towards this new adventure.

Pretty excited and ready to start this adventure!

I still think a gamble but maybe with a management plan it could work out.

1031 is another gamble.

. :)Most BP'ers will tell you not to try and play the appreciation game, because it's akin to "gambling."

I expect to continue purchasing SFR in Indianapolis, but this weekend was considering the tangent of investing for appreciation.Let's assume that investing for appreciation is pure gambling, but the good news is that the dice are rigged.

Should I focus on just wholesaling while I begin my adventure?

@Scott Bolinger - Incredible cash flow is subjective, moreover for CA investors  compared to buying  a Tesla , buying 20K house is  like quarterly budget for Vegas gambling.

Certainly the risk is calculated and I did my due diligence, but the gamble of it all comes from the forces and phenomena I have no control over"   Good Luck to all and don't be afraid to fail, those who learn from their mistakes and continue to push forward will succeed.