Chris, I would agree with your analysis here regarding the development of Google & Apple which won't go into effect for a few years at the very least. 

How does this effect my deal (if at all)?

Also be aware that paying it out of pocket, versus rolling it into the loan has no effect on how you can deduct. 

This then becomes a compounding effect as if the next generation is smaller, that means there will be even less folks to have kids and it becomes nearly impossible to reverse the trend. 

I like the reverse engineering effect of getting criteria of what your buyers want and then go out and find it.

We are in a very nice area and this is a luxury home.I am planning on making this floor the master suite with a large bedroom, large bathroom and walk in closet; leaving the smaller 3 bedrooms downstairs.My question is regarding the size of the master suite; what size is too big?

In many states you can file suit for damages if seller doesn't perform their duties specified in the contract.

What are some effective methods in which you can invest?

I have not crunched the numbers but I should be able to pull around 30-40k for a down payment and remodel expenses without effecting my current payments.

- I know wholesaling isnt for everyone but if you can learn to wholesale effectively and find deals then that is skill you can bring into any avenue of REI.