Hypothetically, if you were a year out of college, working a good paying W2 job and were looking to invest in real estate what would be your ideal first move? 

@Juan David Maldonado I tried to see what market you are in as that plays a role in what you decide to do, but, let me say to you that as stated above house hack is ideal.  

It’s difficult (at least for me) to get a loan or finance a home with my own capital so through wholesaling my goal is to learn how to evaluate properties and create relationships with people in my market first while ideally earning capital for future investment strategies.

Avoid heavy consumer debt, auto loans, credit card debt etc. once you get some more saved up, you can house hack with a FHA loan.

Ideally you want to be the first person there.

Hello,I bought a property last year subject to existing financing.Later I sold this property on owner financing to another buyer.I was making regular payments to the existing loan since i sold the property.Last month I was unable to make the payment to the lender and on further inquiry I found out that the original seller filed a bankruptcy under Chapter 7.What should be the ideal thing to do now ?

This is also not the ideal option because you'll be spending so much on rent in the interim while waiting for your rehabilitations to be done.Few thoughts to leave you with: 1) Will your kids ever need money for schooling/life expenses? 

But that's not ideal from an investment standpoint since we want to be financially free in a few years. 

Just make sure the comps are within the last 6 months ideally and find guys who are licensed to do the work.

I'll be sure to set up auto-pay from there.