I am interested in possible doing a fix and flip or my first burrrrr 

Despite making six figures and I do as well, supporting a family and living in the Bay Area quickly drains that.My advice is to attend as much meet ups as possible to network.

The possible lack of profit that is left behind.

I will, of course interview and do my own due diligence with these companies, but I just wanted to get an idea from everyone that could possibly give me a heads up on who's great or who to stay away from.

A house where me and my wife were going to live as long as possible.

This process can take a couple of months if the tenants are cooperative, but will likely take 6+ months and possibly over a year.Do you know if the tenants for the subject property are cash tenants or program/voucher recipients?

So, if you owe $725,000...then you owe more than the MAXIMUM possible loan is that you could get on a "cash out" mortgage.In order to do a cash out loan...you would need to owe LESS than 80% of the value of your primary home. 

At this time in the project, is it possible to take out a loan against the property in order to buy a great investment which would be a patch-n-paint and could become an awesome rental?

We like to cast a wide net and get as many leads into the funnel as possible.

I am reaching out to experienced flippers to help me make the process as smooth as possible.