I'd avoid apartments or any costar product for that matter.

I want to utilize either a 2nd home type product or investment property product.

Having leaving leases line up so that any future owner can easily move in or even get financing is ideal.

We use a product called Vital Oxide in our flips to neutralize odor and disinfect.

I am open to other lenders and products, But currently seeking funds of $467kOne of my goals in Real Estate is to acquire and manage homes in my hometown.

@Gino BarbaroWe are buying smaller BTR product direct from builder at completion - typically projects with 10 to 20 duplexes per property.

You may want to opt for a different loan product other than FHA. 

On the flip side, having more choice in location with an existing product could be advantageous to both his personal life and the earnings potential; add in the second unit having the potential of being a STR/MTR and location becomes even more important.The contract/permit side CAN be challenging location by location; assuming he's working with someone who knows what they're doing, Raleigh makes it easier to get permits for these larger "small scale" projects than Durham.

Technically I could line up a replacement job and let that pay the bills while I invest slowly (and that’s definitely one of my contingency plans) but in some ways that does defeat the purpose, since leaving the corporate world and focusing all of my time on an investment business is probably the biggest appeal for me.

Also you will likely have way more options on lenders and loan products.#2.