With that VA loan you could get a cash flowing property for extra income but that's another thread in itself.

We usually trench the conduit ourselves then the city sends guys to run the cable from the house meter to the pole.  

IMO it's usually because the price is to high among other reasons, so I would definitely low ball.

Given the lower returns per transction, I'm thinking to reach the same level of extra income it would require just as much work to Wholesale in the end.

They usually have the connections you need. 

His prices are fair and he usually has an apprentice with him as well.

Also, if you are licensed, you are held at a higher standard when it comes to selling property and other things and I don't want the extra liability.

As we all know inspectors can be your worst enemy, they don't have to be your friend but you want to stay off their immediate radar..Code upgrades are usually only required if you pull permits.. to do upgrades,, but if for instance they do a yearly inspection and find you need GFI outlets in bath and kitchen you'll need to comply and get it taken care of.. along with what else they pick out that needs replacing or repair, once the door is opened up they have the right to write fix it orders until it's in good enough shape to comply with living standards.1. parking for your tenants.. forcing to register cars..

The homes in our area usually rent for $1 per sq foot.Do luxury homes usually rent higher per sq ft than the average? 

I have a 2 bedroom/2 bathroom primary residence that I bought with the intention of renting out the extra room.