It also depends on title seasoning if you've owned the property more than 12 months typically they will not ask since its considered long term at that point.2) I am a lender and I work with investors and have done cash out's on various type of loan scenarios ranging from recent all cash acquisitions, waiting 12 full months to cash out all contributed equity in a deal, cash out consolidation loans, etc3) seasoning requirements depends on what value you're trying to use if you want market value typically its 12 months if you want to cash out in under 6 months its max 70% of acquisition cost (includes purchase price and closing costs and potentially documented rehab costs), after 6 months to 12 months you can cash out on the lower of appraisal or acquisition cost but the difference is you can cash out up to 75% LTV on non owner SFr and 70% on 2-4 units (conventional financing)4) 620 fico for conventional min average varies5) shown in #3 answer if you want more details you can PM me or go to fanniemae.com to search6) no lien seasoning time frames if thats what you're referring toLet me know if that helped or if you have other questions.

They come so fast and furious that we have to turn off the ad after a day or two because we are so inundated with inquiries.  

But for my first deal if I come out with 10K profit in under 3 months I'd be ok with that. 

Keep in mind our property manager said the market is currently inundated with rentals ( 435 annual unfurnished in Cape Coral alone to date).

@James Mudd San Antonio seems to meet all my recommended criteria for a buy and hold investment area: an excellent and growing population trend, a lower than national average unemployment rate, the ability to evict a non paying tenant in under a month, lower than average cost of living, and promising job growth.

I'm in a small town and I can typically get the quotes and finish the work in under 30 days.3.

I just locked up 7 more all in under 80 each, all have rents from 1100- 1400, all have values from 100k- 125k.

Many FSBO listings will offer to pay a buyers Realtor, they just don't want to pay both sides, and most FSBO people likely get inundated with listing offers from every agent in town before you come along.

Wonder if I’d have to move out and have the unit I was living in under a year lease for the DTI.

If you are planning on moving in under 5 years, I would rent.