I'd also like to add that if you do choose to wholesale, please do so with integrity and honor.

This is important but I would advise to not get too caught up in this process or you'll never actually choose a market.

The details are there, and for me, I choose NOT to invest new money in tax deferred plans.TL:DR-solid analysis on your end.

Do you just try and choose the right market where prices won’t drop, and hope for the best?

@Mike Guenther There are a lot of real estate website developers out there if you choose to go that route, Carrot is a popular choice.

Start with your local banks and CUs.Each bank essentially chooses it's own source of the "prime rate" (WSJ, LIBOR, etc.), that's the "index."

The key is to be consistent with whichever method(s) you choose!

@Michelle Martin as long as its not in a D neighborhood and will appraise for a decent amount there are a number of local banks to choose from.

I don't say this at all to suggest this is what should happen, as I would never choose to kick out a tenant if I didn't have to, but it's definitely worth seeing if there's a significant value difference between selling as a rental to an investor vs a primary home buyer.

ITs such a huge industry and there are some many ways to make money, why do you want to choose the one with the highest failure rate and the worst stigma?