You might find that "saving" on taxes is small compared to what the property might be worth (talk with a trusted real estate agent who knows the area and can give a projection of property values).Don't forget to factor in closing costs (real estate fees, pro-rated property taxes, etc) and take into consideration your other income and/or investments. 

A love for real estate investing3.

My 10 year goal is to build at least $20,000 a month in passive income in order achieve some financial freedom, but I also see real estate investing as my true passion post military.

Spoke with a guy who has invested in Real Estate for 30 years and is looking to sell some of his investments at the end of this year or beginning of next year. 

I also understand id be splitting the reward/ rent but that's why I think if I can pay 50% with him or 100% alone then is minimizes a lot of my risk. cast your vote and help me out, ahah I'm new here and to the world or real-estate so take it easy on me please.

Also rental rates are dropping, and we are already seeing rental loan rates in the 5% range, I would expect to see rental rates under 5% by January.If you are going to be a real estate investor for the long term, why don't have your Real Estate License?

Can someone PLEASE explain (in detail) how to calculate and analyze a wholesale deal?

This experience was great and opened my eyes to the world of Real Estate.

No clue, my guess would be no since they have accepted the return of the deposit, but check with a real estate lawyer in your state because I'm just guessing here.

Let’s be real here.