@Jaya Laun just looking at your numbers, you are light on maintenance/capex.

We have tried various marketing methods and our focus has been on Direct Mail and SMS texting.However even though we are getting some calls, all the properties are not stressed or needing work so we can get a low enough price to be able to wholesale.So we are starting to believe the best way to increase our success in finding wholesale is "driving for $'s where you obviously find distressed properties because you are literally looking at them and then we can focus our time and effort on finding the owners. 

Her credit was in the low 500 but this is one area I am willing to be flexible as I do not like to compromise on income/rental history/no pet. 

Hi Charlie,I have plenty of experience in the electrical and low voltage field.

Usually after every guest (turnover) there is cleaning and maintenance to be done.

Quote from @Bonnie Low: This is a difficult question to answer because having a midterm rental doesn't equate to a certain room count or configuration.

It’s my personal opinion, and not legal or financial advice, that if I were you I’d plan to start out with one or two conventional loans where if you’re house hacking you can get the low down payments.

Take pics many videos, then call city code enforcement for inspection.Also, look into your state & local laws about escrowing rent for lack of maintenance and follow the rules EXACTLY.

Plus I have seen and helped many people buy househacks here in SD, some working on their 3rd property now, and have 1M in equity using very low down payments to get there. 

It's a breeze, the cash on cash return, while low in absolute terms, is crazy high (3% down + seller credits).