If a PM can't get rid of you or raise rents to keep up with inflation .... you had better have an amazing credit score etc    Can they look at previous evictions?   

I would highly advise you to invest elsewhere in FL as the Orlando market is terribly saturated and you would need a super unique property to even have a chance of breakeven.

That’s terrible advice…. 

Conventional versus non-qm products have similar pricing, but restrictions on DTI and capped number of properties will limit how far one can go using conventional.We currently have no debt, excellent credit and are pre-approved for a conventional mortgage on the first property.

The Seller did not understand or misunderstood and thought that NONE Of these $60K in funds would be credited or APPLIED towards the $300K property purchase STRIKE PRICE.

Credit to you for posting in the forums with a question that probably many people want to post but don't!

Building a strong financial foundation involves aiming for a credit score of 700+, educating yourself, building relationships with agents, lenders, and property managers, and analyzing properties with positive cash flow.

This is a terrible attitude about it.

The most important factors a hard money lender will look at, if you don't have experience, is your liquidity and credit score & history (as well as your background -- no liens, judgements, foreclosures, bankruptcies, etc).I would hit up @Michael Cid -- he's a tremendous resource and is a direct lender. 

I'm building my credit so I can buy my first property.