If you plan on buying a multi don't look at cap rate, look at vacancy,  if it's 100% chances are its too cheep and you could probably get away with raising the rent, if it's at 50% maybe the area is terrible or the units dont fit well with the people living in the area. its a bad investment to have one bedroom units if the area's average household is +4 people. 

Below are some more links to get you started. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/rules https://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Ok, now that you have taken your initial step, below are some quick links to get engaged.http://www.biggerpockets.com/starthere http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPocketshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material) https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI) REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/ However, you mentioned an interest in wholesaling and I added the link below with a guide that will help you understand the basics of this niche before inking your first deal.http://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/?

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.http://www.biggerpockets.com/starthere http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPocketshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)  https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips. https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

You got to pay some how.The topic of the article is how to "avoid MI," not get away from it for "free or a free lunch."

I've read a lot of info, watched a lot of video, been to several seminars,  but I'm not really able to translate all this info from theory to practice yet.

I came across Chris Goff on youtube, watched his wholesaling video and I was impressed with that he had to say.  

Really nice of you for putting a video and showing it live...

utm_source=search&utm_medium=internal&utm_campaign=books Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets https://www.biggerpockets.com/rules https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material) https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)After becoming more knowledgeable and confident because of my above suggestions, take action to snag your first real estate investment deal if new or add to your existing holdings if you have prior experience.Here are some solid tips before buying your 1st investment propertyhttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/ Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

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