The difficulty is this: The people with great jobs and credit scores go to the other side of town where a TON of new development is happening.

Note:  I do not use this calculator.I assume you are having difficulty entering your Acquisition loan information since you didn’t include amortization length.  

Investing outside of your market is very difficult.

I am open to both though if the level of difficulty really isn't that different.Our long term goal is to be able to live off of the income from several properties.Our plan for the short term goal is simply putting $200 a week into a savings account.  

Trying to wholesale from the MLS is difficult.

That is literally the only thing worrying me, I don’t have the credit or funds to cover a 10–15% cost up front (skin in the game)I do know most HML will want points and other small various upfront cost I can come up with that.. but I would love to get a 100% financed deal under my belt, again this would be my first.

They have more skin in the game then you do.Make sure you get clear title.

Plus I have a thick skin from the Military!

What is the vacancy rate anticipated and difficulty to lease out to?

You may have to do a little more digging to find one that will allow you to take out debt so quickly after with non of your own skin left in the game.