@Joy Jones You do understand if anything goes wrong with the flip and the new owners sue, all the capital and assets in your construction company are up for grabs?

Another scenario is if I buy a property from a wholesaler who wants me to pay all of the closing costs, what would those be based on the logic that in this case im paying both the buyers and sellers closing costs.I have purchased a few houses and I have read a few books on flipping and wholesaling, Im just having trouble understanding what values to put in the calculators to determine my Maximum offer amount. 

It's difficult to understand what you're asking. 

I understand that there is typically a max number of mortgages/loans that any given person can have (around 10 per person), so would it be best to have the loan in one persons name and on the next purchase it goes in the other persons name (if so are both parties on the deed)?

I would caution you that before trying it again make, sure you understand the risk.

So say I purchased 3 homes which I understand is the maximum(?)

They have something going on in their lives that is motivating them to unload the property as fast and with as little stress as possible.I'll give you an example of a seller I worked with that you can share with your wife to help her understand the kind of situations we regularly come across.This guy had his house up for sale by owner because no agent could help him.

Though I can understand why you want to do the work before the weather and holiday season sets in, those types of deals are fraught with problems.

I understand (sorta, kinda) the basics of OZ.

@Patricia Mangham Do I understand you correctly?