Julie, seems reasonable to be able to wholesale a package like this depending on the cash flow analysis.

Your office location could be in your living space if you can close it off and have minimal distractions that are mostly personal.Always remember to do the math analysis and try to look at it at least have a clause in the purchase contract (about 10 to 15 days) that gives you the right to make a detail inspection and possibly back out of the subject deal without a penalty that will hurt you too much.  

Does the year a house was built affect the cash flow..I did my first analysis on a property and my numbers was so horrible I couldn't understand how.. http://mymobile.flexmls.com/kelliwatkins/email_links/20170227190208119384000000/listings/20160906211028834384000000

Make sure you include reno costs to get rid of smell in your cost analysis.  

Even more recently, I did thorough analysis of my retirement plan, and I realized it's not going to get me to where I want to be. 

I remember how low rents were in 2011 and try to figure that into my analysis as a worst case scenario.

I have been on a very slow analysis paralysis mode for the past year and have not been active and intend to change that.

Again, thanks for your help, Jim, and I will be writing another post soon with a more in depth analysis of the numbers I have calculated for the property.

However, if you are looking to make money, then cash flow is king.A more in-depth analysis (below) shows the monthly cash flow to be about -800.00 per month.

I also want to practice analysis with a combination of HELOC and hard money but I just want to get the HELOC approach with the BRRR calculator straight.