Instead of making a steady state linear function think of it in terms of big ticket items:Heating unit $3000 (Every 10-15 years)Plumbing $2000 (Every 20 years)Roof $5000 (Every 10 years)Carpet 2k every 5 years....

I'm hoping its the right combination for success.

Could I then combine refi money and wholesaling capital to then buy an even better property?

Basic short list is as followsNo functional obsolescence (power lines, backing up  to retail or industrial, ext.)No fences in the frontGood potential curb appeal minimum rent of 1,100 after rehab75-175k acquisition targetsFeel free to contact me and give a brief and to the point description of what you do, your strengths in the market, and any homes you may have available.

I've got two side jobs lined up that will net me about $400 cash combined. 

We buy distressed properties in order to revitalize them and get them functioning at their optimal level.

We use Quickbooks Online and it is fully functional.

I actually went with a combination of your suggestions. 

Combine that multi-year price decline with the massive negative cash flows being taken and those "high demand" areas were losers for investors.I think the only lesson we can learn from the Zillow data is that buying in "high demand" areas after a market correction is a good strategy for profiting from the rebound.

Overall, you have to get sufficient education to properly function as a real estate investor.