Also, lets say Khadijah gets a contract to purchase 123 Main St for $50K.

Let’s say the main tenant accounts for most of the annual revenue with a lease ending soon (is healthy and probably looking to resign).

Is that the main struggle getting started?

A DSCR product is what you are looking for.DSCR simply doesn't take into account your personal income, instead we qualify the loan on the properties rental income (or projected rental income).Your credit, properties cashflow, loan to value & prepayment penalty are going to be the main determinants on what this loan looks like for you.

To land another FhA without refinancing, the 100mi distance is going to be the main requirement OR underwriters want to see a major life change (having kids so you need a bigger unit is the most common scenario).

My main strategy that I will be focusing on is fix n flip but also open to any opportunity that is presented.Big things are ahead! 

It might make more sense to hire someone full-time on the ground to manage the day-to-day.For tools/systems I think you're going to be looking at the main property management software providers.

Ensure you work that into your expenses when underwriting.Answering your questions:Experience - Location is really your main driver here.

. - The main question here is do you qualify as a real estate professional according to the tax code.

In the beginning mainly figuring out logistics for turnaround between guests and dealing with any issues, particularly, for out of state.