My goal is to be able to fix and flip in under a year and from that point invest in some buy and hold properties. 

Many want to be in an out in under 12 months.

All good advice above.I recently setup my Solo401k with the help of @Dmitriy Fomichenko.I've used it to do some wholesale and have grown it over 25% in under 4 months.

Buying a home these days, especially in southern CA can be, and was, a headache but reading about all the success stories on BP helped me keep on the path....64 days to close escrow, HOA unwilling to fix section 1 termite damage (still have to go to court for this one), dealing with VA appraisals and financing, properties selling for $40k over asking price, properties with accepted offers in under a week....All circumstances that had to be negotiated but were eventually overcome.Thanks again everyone and I look forward to building a relationship with you all.

"Sell your house for 100% of appraised value in under 7 days, FREE special report tells you how"  Send that to low equity, foreclosures, absentee owners, etc with a phone number and email and you'll get bombarded.

Taxing agencies are notoriously slow, the IRS particularly slow since their budget got slashed in the last budget cycle, but they are particularly good about filing paperwork and documentation to make sure that they come in under the statute of limitations.  

Don’t inundate the lender with a barrage of emails or messages.

No renovations will be needed.I don't think that our live circumstances are going to be her fault, rather they are a massive benfit to her in that she can sell this home 2 times in under 2 years.

You may have to sign as guarantor.You can go in under your own name, but to shield yourself properly, you have to have proper insurance coverage.  

I've seen many people mention goals around $5k a month passive income. So How would you go from $0 to $5k a month if you had to do it in a year? How much would it cost you? Is it risky or safer? Also please answer do ...