@Michael FuchsWelcome to Bigger Pockets.

You and your wife need to be flexible to move or are you planning to have a bigger family? 

So, going small to start will reduce upfront costs, and allow us to build necessary relationships with lenders/contractors/agents in order to get better financing and pricing options on the bigger deals that we'll do later.Here's a good, hypothetical, example.

So drive around neighborhoods near bigger apartment complexes and you may start to see how the real estate shifts from a busy retail area gradually to houses.

I was in IT for 28 years before this and had a lot of competition from those who sold at a loss and made it up in volume.

If it's cash flow, then the $100/mo loss should answer your question.

Bigger Pockets is a fantastic resource!

The risk in wholesaling is loss of earnest money, spending on marketing that leads to no deals, getting a bad reputation if you put bad deals under contract and have to weasel out of them with unethical escape clauses etc....

Hello everyone I have been on bigger pockets for a while but I don't think I have ever posted anything yet.

That's great, but make sure you have an attorney that will make sure that happens with no loss of funds.