Have you come to conclusion on how you want to go about starting and what style of investing you want to do?

I'm were you were before you wrote this.Me; 1) purchased a training course & read it front to back.2) Constructed my business cards, first email for my 1st email campaign and 2 different style post cards3) have a company name via the web, although I haven't created the site yet4) still learning and reading...5) I'm looking into setting up an LLCAfter all that, I'm wondering, If we're not holding any properties for ourselves as wholesalers, is there really a need?

Yes, I can get an attorney, but not to do this in the perimeters and style I am speaking of.I guess what I am asking most is from those in the "know", who has actually done 1, 2, 5, 10, 1,000.

@David Oldenburg , why not just sell the loan outright, wouldn't that achieve the same result without the possibility of having to possibly pay out without money coming in?

I believe that each and every person who posted here will not only achieve those dreams but surpass them far beyond your imaginations.

Any styles of investing you recommend for those that have limited time?

My goal is to earn $10,000 per month in positive cash flow(Passive Income) in 5 years time frame.I am a new bee and new to investing in real estate/rental properties.I am looking for strategy/suggestions from all the experts in BP in order to achieve my goal.Some of the ideas, I am exploring are:-Buy 3-4 properties for 35-40k in mid-west, which generate $500-$600 positive cash flow-Use 100k as down payment(25%) and use leverage to buy 1 or 2 properties in high priced areas. 

If that definition of market value is met, you never buy under market value, the price you paid is the market value.Distressed sales may be from the motivation of the owner, the property condition, it may be under performing or there are issues of obsolescence, functional or external.Cure the matter that effects the property, mismanagement, condition, functionality or obsolescence.Going the route Chris mentioned can be done, it's not guaranteed as an over night method as it may take time to achieve a record that can be shown in the market and there will also be more emphasis on the management ability of the borrower.

, not calculating the cost of a PM on every property from the beginning.Last one of the holes I saw immediately:  What you have here is a series of goals, but no plan of how to achieve them.  

As a rule, we only pursue wholesale properties for land lords if the buyer can achieve 11% CAP rate and 15% equity or better.