If you plan to resell, I think it's wise to discuss with seller in advance and that way the lien on the property can be transferred to second buyer, but you can continue to make payments at the former schedule etc.

This is true, but can increase your chances of success by working with an experienced team.Financing Challenges: Unexpected rate hikes or tightening lending restrictions can complicate your plans. 

Trump has said he plans to keep owner occupied rates at 6% through 2026.

I'm not too hung up on this, because the margins still appear very attractive (from what the agent speculated ARV). my hesitancy stems from a lack of experience and direct steps/plan of action to take on a property I like. 

If you sell, consider a 1031 exchange to defer taxes if you plan to reinvest in real estate.

Are you doing the work yourself or what is your plan on tackling the operations? 

To succeed with the BRRRR strategy, focus on buying properties at a discount, work with trusted contractors, and plan for refinancing timelines.

That sounds like a solid plan!

Is the President-elect planning to privatize Fannie and Freddie?

So their plan is follow Hawaii’s “protect the homeowners plan:  how did that work out?