Typically for government backed loans it's more challenging to get a "very low offer" approved as they are less flexible for their NET and they use more qualified people to complete valuations.

Do your research, and choose wisely.2.5) Never sign a long term property management agreement with an early termination fee -- keep flexibility to replace your manager (you only have to make that mistake once $$$)3) Consider investing in a large property as a partial owner rather than buying a small property, especially early in your investing career.

Your job offers you great flexibility being able to leave at 2PM everyday which can allow you to do either.

Schedule is flexible 14 days on, 14 days off.

Pros: Usually less expensive than other lending, can have flexible terms, can be little to no money down.Cons: Make sure you have cash reserves if you are doing something with the house other than just rehab and flipping it.

I have less flexibility with stocks than I do real estate.So I do invest in things such as index funds but I prefer real estate.

You cannot make a "Plan" with strict guidelines as flexibility in a changing market is vital. 

The smaller banks are more flexible with lending policies, where you might actually meet the underwriters. 

Im with a great company and they offer me the flexibility to pursue this goal in RE as well.I also love what were doing with RE, my point was not to overlook the smaller deals (the ones Im buying are solid working-class housing where I can net over 10k+ annually on these properties).

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.