Philip, it really depends on your county’s housing authority.

Any advice on what to consider before moving forward?

Congrats on the SFH's.

 I have been researching and browsing through bigger pockets and different real estate investment info but haven’t pulled the trigger on anything.

We will refinance the property and repeat the process again on the next deal.

And regarding the HUD consultant, you are correct they are only required on the Standard 203k but should be used also on the Limited 203k so that everyone, including the contractor, knows what will be required by FHA.

@AS Chow   There is some good discussion is going on about DST's in another thread. 

If you plan on being a very active investor, it's possible but you will need to keep the velocity of your money up high.

There are a lot of strategies and much of that depends on what type and how much income you have. 

I owe 400K on my current home and would be looking at 450K for a new primary.