This is just enabling the wrong way to properly and legally wholesale real estate.If wholesalers are limited to selling to their list of actual cash buyers, they are going to work a little harder to get the deep discounted off-market deals and then they can still make a nice fee while being able to move the asset into an investor with some meat left on the bone.I don't want to beat this to death but this has been my experience with using wholesalers as a source for deal flow and I mainly wanted to see if others were experiencing the same.

If you want to go deep into FI then check out this sub-reddit.

Equity value through DP and appreciation will put you deep into negative cash flow.Find a multi unit that will be lower risk having multiple tenants.

This causes break-ins, holding costs and more risk for a market shift.Overall, I haven't let this rule slow me down.

Alabamas process is extremely slow in terms of property acquisition even when it's gone to OTC sales.

Of course some of them get rejected and we offend the owners but we clearly gave them a letter stating why their property is over priced and usually within weeks they drop their price ;P then we try to come in with a slightly higher offer and tell them to give us a call if their property doesn't sell.It's all about who you work with, yes you burn some bridges but you also get rid of the people slowing you down as quickly as possible.

My question is...do I add the 10k to my real estate investment goals or do I throw it at the college loan to make a deep cut into the principal and free myself from monthly debt?

So , to the best of my determinantion and knowledge ,  the path I wish to travel as an fledgling real estate investor is to buy, again small and slow , manage, then sell ,  flip, or if not overly complex or risky, trade. 

Result slow sales and large discount in home values.Be sure to know your market before jumping in!

Some agents are good but they often slow processes.