I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

And that's the reality of it if want cash-flow day 1.

I'm an investor and agent in VB happy to talk through your strategies sometime.

Where we expected to gross between $30-40k, we are grossing $60k and generating around $2000 per month in cash flow.

Any advice on this and experience/tips from others having gone through similar deals would be greatly appreciated!

I'd be happy to talk through the strengths and weaknesses with you.

It's called Lifetime Cash Flow.

Bridge Loan with Refinancing Exit: A bridge loan could provide a short-term solution to pull the cash you need now, especially if you’ve already added value through your rehab.

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

I went through the same dilemma when I started investing a few years ago.