So it's not an all size fits one, especially when you start having multiple rentals in different types of neighborhoods. 

Welcome @Barbara Fields, BP is ideal for networking so you should have no trouble at all.

@Lenin Belangonda PM me here on BP or better yet email me at [removed email address] I'd be happy to tell you what's what from my perspective and I'll also tell you that you should factor in about 10% for good property management from the beginning and then find someone that fits your style for about 10%.

Those would fit with the modern feel, as well as attract eager buyers. 

Juliano, i believe that everyone has an ideal vocation and career that naturally fits with their gifts and talents.  

However, after 37 years in the oil and gas industry, I have reached that stage in life when I would like to do what I want to do, and not what I have to do, enjoy my family more, as well as have the freedom to leave a job, and start doing something different.There are different ways to invest in Real Estate, and I have to learn what better fits me at this time in my life and my finances.

My ideal first deal would be a multi-family (anything from a duplex to a quadplex) in which I would live in one of the units and rent the rest.

But, this doesn't seem to fit the typical wholesale situation either (buyers aren't compelled to buy that one property out of some external condition).So, it's still not clear to me that buying at $X and selling at $Y is against the law, even for a mark-up of 10%, 20% or more. 

Logan, My Man,Every deal is a personal one, and it sounds like you are fine because, this deal fits YOUR parameters.Not someone else's.

That fits the situation!