Also, the reno costs include materials, labor, and vacancy of a month (they just don’t include my time which is never factored in for better or worse). 

I'd be getting a killer deal on the fence due to having left over materials from another construction project at my parents property (they're letting me use their extra mat.) but it will still cost me at least $500 in extra lumber/supplies/labor but is it worth this? 

I have spent the past two months reading material and watching videos on Wholesaling and now I am finally ready to get started.

If you are looking to install new flooring, Then vinyl tile flooring will make you choose a flooring material that is both durable and attractive.

2) What is your material participation?

I suggest reading material on both to see what you think you would like better, then you would know immediately what will work for you.

You find a decrepit house for 20K, put 20K worth of work and materials in it and sell it for 70K, make a 30K profit.

I keep asking the question, but nothing has materialized on the surface. 

The purchase of a license (read all material from the governing body in your area.

Is it mainly material and you could do the work yourself?