Your return weighs more heavily on the quality of the employee/agent to perform.

Relying too heavily on one website or method could be risky at times in my opinion.

Secondly, I would still own the land which also has value and here in CA is a lot so I am heavily protected.All rehabbers should be doing the similar for protection of your funds/assets.

Properties are heavily booked during ski season, and somewhat during the fall, but summers tend to be slow.

This first purchase is going to be my home as well and my research has shown me that a multifamily property fits exactly what I need right now, being relatively young (22), being able to save money is at a premium, I have a private bartending entertainment business of my own along with 2 other bartending jobs for extra cash to try and put towards this first purchase and would love to be able to set up a living situation where my monthly living expenses are paid for by my other renters so I can truly begin saving heavily for my first buy and hold investment purchase.

Everyone's situation is different so no one can give you what YOU need to know.best advice is research heavily in generalities then maybe ask a bit more specific questions for clarity. 

If they are newbie wholesaler, then their advice is bad.Better to D4D in some B/C areas from Memphis and put together your own list and avoid areas heavily saturated with DM already.

Now, I would lay down HEAVILY the expectations of renting from me. 

The deal was listed on the MLS and we negotiated pretty heavily with the agent, throwing out a lowball offer (110k for list of 155k) and ended up settling on $138,600 with 2% seller subsidy.

Make sure to beat them down heavily for repairs after inspection, and charge them at least a 7% transaction fee!