if they are not cutting it as agents they certainly wont as wholesalers.. wholesaling is so much tougher and capital intensive.. wipe out rate for agents is what 70 to 80%  and wipe out rate for wholesalers is about 95%.. 

And if so what are the pros and cons of this neighborhood?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Then my current primary home will be rented out to balance the cash flow of this purchase for the next year or so.

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

I would be harping on my realtor to call every big investor who would be interested in purchasing to get more buyers lined up as well. 

I'm sure you could...as long as you're actually paying that expense to someone...oh wait, that person would be yourself...so you'd need to both record the income of you paying yourself as well as the expense of yourself paying you. 

While a hand written addressed letter, I feel would get my attention a bit more.I won't be doing thousands of reachouts initially, just 250 or so per month so while letters would be more time intensive, I am open to it if the response rate is better.

The area does not have explicit rules on STRs so its a gamble with that strategy.

We all have a limited amount of time to work, and there’s a constant push to maximize that time to earn as much as possible—so we can enjoy life beyond work.Most people work to meet their immediate needs—food, clothing, and shelter.