But for now sticking heavy towards wholesaling but I heard a BP podcast on notes and thought they seem to be low risk for cash flow.

So I would be able to skip the refi of my current home and move forward to getting pre approved for a new loan with a low down payment. 

This is made easier by the historically low interest rates we are enjoying now, where it is unlikely you will want to refinance that 30yr fixed any time soon (as you’ll likely pay a higher rate).

Low overhead and I will never out perform or underperform  the market.  

Some target lists to consider:Absentee Owners with Equity (be aware that in some areas this is getting over-mailed so you might want to mail exclusively to this group)Seniors with Long-Time Ownership (often ready to downsize or transition to assistance)Owners with Low Financial Stability Scores (combine with age, high equity and length of ownership to get extra layer of motivation)

Not wanting to go down too low and banking on the fact that the husband believes in the saying "happy wife, happy life" I countered with 150k and luckily, they accepted.

@Maria Villamar If you can't get the "Official" notice data, there are other ways to find homeowners who are struggling financially.If you work with a list broker, they can pull owners with Low Financial Stability Scores (FSS).

Do you know of any banks that offer checkbook HELOCs that don't require withdrawals, have low annual fees, and have no restrictions around how many financed rental properties are in your name?

If I send notes to someone now I ask them how many notes they have bought and what their timing is. 90% of people out there are not real buyers - window shoppers or will throw low ball offers out there.

Should I refinance the property to a fixed rate and apply again even though I will no longer enjoy my low interest rate?