If you can achieve a 5% return within driving distance with a 2 risk factor (risk based on a scale of 1-10) but outside the driving distance you can achieve a 20% return with a 3 risk factor it's wise to at least consider the property further away.  

You need to factor in property management at 10% of the monthly rent, and then another 10% for monthly repairs, along with your 10% capex. $100 for capex/repairs won't be enough in the long run when it needs a new kitchen, roof, flooring, and bathroom in 20 years.

Also, remember that lower than median rents for the area are prone to bring more headaches, and increase the hassle factor of being a landlord.Always do your due diligence and don't forget to include CapEx on these old homes! 

My understanding is that, even though other buyers may have access to the mls, they still find wholesalers valuable because they extend the buyers reach, and give them the chance to see deals they may not have seen otherwise because of time or any other factors.

I'd have to pay 5-6k to get the cash back out or add that cost into the new loan if it's a "no closing cost" refi.Does this strategy factor in the closing cost for Cash Out?

Price point of the home isn't always a factor supporting more expensive windows. 

So the attitude was the only negative factor and the learning lesson..

I know there are a ton of factors but I was thinking this:Run the numbers on my currently owned property, and maybe see how much cash and equity it would produce in 5, 10, 20 years.  

if it's something you don't enjoy i seriously recommend doing something else there's just so many moving factors to wholesaling that's left out and I had to find out the hard way!

A seasoned buyer should be able to evaluate a deal based on general numbers and cap rate and other factors.