It will all come down to how much you want to spend on a house/how nice of a house you want and where you want to live. 

Anthony.If you don't have any free time then wholesaling is not the path for you.If you have some cash sitting around that you want to put to work without spending too much of your time then I would recommend buying rental properties out of state. 

Mainly, I want to be able to provide a comfortable life for my family while still being able to spend quality time with them.I have decided to throw everything I have into the Real Estate industry.

It will force you to have a better property, spend more to remove deferred maintenance and to be more responsive to your residents needs. 

The Gaslight District is sought after for single family owner-occupied houses, so if people are spending serious money to live in the area, it seemed like it would be a good place for our daughter and her friends to live, which turned out to be the case.

Ultimately, we would love to spend $200,000-$300,000 to purchase a condo or apartment. 

Or if you’re willing to spend 15 minutes with them, walk through it with them.

( which you can find out either from a realtor or an appraiser ( i would trust the appraiser more). so if the cost of work does not add a lot more to the NOI to raise the value past what you are spending, then it's not worth doing, unless you can predict the future and know that the value of the property will appreciate in that area and you can make money on the back end when you sell.

(I think of it like this ... every dollar I don't spend on is a tool to be invested) I am building a taxable mutual fund portfolio (I think of this as my personal bank) that will buy properties 1 at a time.

I find it crazy the amount of money people are willing to spend to vacation in a closet sized house for a couple days.