The idea is to offset my mortgage payments by renting out individual rooms.

Getting a mortgage on it, having her hold A mortgage on it, promissory note or other ways to work it? 

It's now 5 years in on the 15 year in-house mortgage that adjusts every year.

Mortgage Heroes in Chula Vista were extremely helpful in brokering the loans to fund this project!

Do the rents cover the mortgage?

I am a 21 year old investor based out of Brooklyn, NY w/ two investments properties (payed off mortgage) that I manage and I have been pushing forward and researching and reading and learning as much as I I can about real estate.

I know some people may try to game the system, but I have absolutely no interest in doing anything that even hints at mortgage fraud.  

Wholesaling is 70% marketing and sales - without marketing, you don't get leads - without leads, you don't sell your service to sellers - without sales, you don't convert those sellers' leads into contracts - without contracts/properties, you don't have a product to sell to your buyers - without sales and marketing, you can't properly sell a property to an end buyer.People expect to build SOPs and have consistency within a few months of the operation, which is crazy to think.

I don’t like providing  blanket SF costs as there are scopes that differ depending on the home but it’s very difficult to complete a gut renovation on a 2,000 SF home for less than $200,000 if you’re pulling all proper permits and and not cutting corners.

To summarize, alot of the issues you are experiencing can be mitigaged with proper contract management from the start as it offers the ability to understand staffing and the many relationships and contract participants.