Use options so you can minimize the capital needed.You will need to be good at presenting the deal to the possible sellers.John Corey

He gets rid of his loosing property, doesn't have to pay capital gains, gets his full asking price and you get an interest free mortgage on the building for 15 years.

That is because the stakes are high (risks plus capital involved in most deals).Keep the focus on RE deals.

I did pretty well at the GC thing for a while, but when the bottom dropped out of the building market I found I had over-invested and was still under capitalized to carry it through the lean period, so I cut my losses and decided to start over.

Red Capital Group publishes reports on rental markets and trends.

I planning to use wholesaling as a means to get out of debt and build some capital to rehab property.My goal is to wholesale at least 2 properties in the next six months and get myself out of debt with in a year.

I have owned and managed my own properties before but sold them due to lack of time, and not enough working capital to sustain while rehabbing.

That includes all the expenses: advertising, taxes, insurance, management, maintenance, vacancies, entity maintenance, legal fees, evictions, setout fees, damage done by the tenants (in excess of the deposit), capital expenses (not technically an operating expense), etc, etc, etc.

The trick is I need enough cash flow and current investments to hold me when I quite my job, unless I am really in business then it might be hard to get financing so more capital will be needed.

If you are going to exit again in a couple of years will the tax rate be lower then or are you likely going to face higher capital gains?