Make sure the property is in a good location and cashflow positive after your PITI.

The loan approval is based on the property’s cash flow—so as long as the rental income covers the mortgage, you’re in a good position.

It would need to be an hourly wage or a salaried wage to not get in trouble with the real estate commission. 

But... the market is very, very tough right now, and what I tell everyone in your position is: if you're serious about it, you have to pick a market, go to it in person, and be willing to spend time in it in person, building a network and getting to know it. 

With your current knowledge base you are not in the position to determine the "shortcomings" of any law firm or come to the conclusion they possess a " lack genuine expertise".

I am also 100% positive I am not the first...or second...or hundredth person to ask these questions but I ask here vs. finding others posts as I do enjoy fresh opinions while I start networking.Thank you in advance and I look forward to your suggestions! 

(sounds like you're in a good position!)

I was fortunate enough to have positioned myself in a way that I did not need to use the flip income for living expenses. 

Both lenders will want a 1st position mortgage.Good luck!

They assume adding my name to the deed would make it a better position for me to leverage the house when talking to lenders.