For my next deal I may start out with a portfolio loan or just a note to begin with even though it's at a higher interest rate, then cash out refi at 6 months, instead of using all of my own cash and being more stressed Bc it's all my cash for purchase plus rehab costs.

I tried being a flipper for 3 and a half years, and in my experience, I made about the same amount of money that I did as a wholesaler, only with a lot more stress and headache.

@Bill Exeter thank you for your email yesterday that calmed me down a lot as you know real estate can be stressful especially your first time.  

The CHOICE Act allows banks to opt out of Dodd-Frank upon holding enough cash, and limits federal stress tests of major banks to every two years.

She stressed that occupancy and retention were way down and that shadows of corporate and investors and the like were beginning to loom, and that the regional manager was going to start a special for the month.

I've been listening to the BP podcasts constantly and one of the MANY things the stress heavily is to know your numbers.Lastly, I find it a little weird that the current owner would be telling you about the great offers he's been getting but he's choosing you, the cash guy because he doesn't want to "deal" with FHA inspectors. 

I love my job it's very rewarding, but it is long hours and very stressful.

While this has given me a lot of background experience on the lending side of real estate it has been a very high stress low reward job. 

With a million dollar down payment you could find something that won't stress you out as much as 20 SFH's half way across the company....just my two cents.

It's certainly do-able, but you do have to have a minimum level of familiarity and comfort with real estate, and the # of wholesale deals I've done that have become complicated/hairy/stressful far outweighs the ones that went smoothly :)You might be better off paying a small amount to sit through the real estate pre-license courses they give to new agents, just to get familiar and comfortable with a wide array of real estate terminology and issues (as well as get a better understanding of how real estate agents/brokers/etc. work).