If fixing it costs more but I can the sell the house for a lot more, that be worth it as long as it does take hundreds of months to do the work.

They forecast 75% of the estimated rental income of the other units to your debt to income ratio.Roughly, for every 1,500 in rent you get from the other units on the property, it increases someone’s buying power 100K in loan amount. 

Probably not worth it. 

Its worth exploring! 

Still no economy to support the increase in home prices, so needless to say we got hit pretty hard in the Crash...Other drawback to the area since there is a shortage of Economy up here, would be the Commute time up and down the Cajon Pass, 4000' elevation climb in just a few miles, " the Pass" has been know to ruin a brand new car before you are even done paying it off, so figure in a new car payment if you are thinking about commuting to work from here...  

Many places, such as California, Florida, etc are experiencing a significant increase in insurance cost.

Not knocking wholesaling…I just think it’s a hit or miss thing and for me and my market I don’t find it reliable enough to scale the way I’d like or worth the additional exposure/risk it brings.Luckily, we have good deals on the mls here.I appreciate the suggestion and I’ll keep watching the deals come through!!

SSM still has steady demand growth as there is increase in people moving in.  

Is it better to buy a primary house with 5% down and stay for 2 years after which I can rent out (hoping rents increase by then) if not I can sell it and be and be exempt from taxes on capital gains.2.

So, using my seed money for more properties is better than using it for one property, and perhaps, using a little bit to start with one property to gain experience learn and then increase from there is a better way to go.