A couple of years ago, I never would have thought that I could be content and even happy living a budgeted lifestyle.

I also want to wholesale, and I want to know if there is a conflict of interest or how to properly go about this and structure my operations the right way.

With SFH, you're likely to keep tenants for at least 2 years with proper vetting.  5% is the equivalent of 2 weeks per year, so is conservative for the area.3) I would highly recommend using a good property manager after you move out. 

Currently learning the proper process and navigating the water as a new investor with barrier to entry which is why I was considering a partner.

I am looking to refer to a person who can answer these questions properly.

Don't use your new income to improve your lifestyle with new clothes, a car, renovating your own home, etc.

It's a good way to build a bad reputation.You could also find yourself losing your EMD if you back out of an accepted offer without proper justification. 

Your margin for error would be razor-thin.Moreover, I think you'll feel better about making investment decisions when you have the proper financial tools to analyze your deals.

It’s not like they do Improvements to your property, with proper authorization.  

If I go through the city and get a proper one, I'm told that they may not give it on a smaller lot like mine (I will investigate) and also I may be opening a can of worms since the GH was built here decades ago.