As a viable alternative to explore with a lender, consider the advantages of a 5% down conventional loan, or even less for qualifying first-time homebuyers, which often comes with less stringent property condition requirements. 

I am currently getting my MLO license however my focus is still on Investing. I love helping people so being an MLO I feel is a great entry point, however, is it really worth it?

I disclose everything upfront including advantages and disadvantages.  

So being able to work with my father and his company is a huge advantage so I think I’ll be able to turn a decent amount of equity by the time we finish 

Or lean into some sort of unfair advantage or relationship in one of those markets.Here's an anecdotal example...I own a rental in Sugar Land, TX (suburb of Houston) and even Sugar Land has a dozen little sub markets.

Thou each states approach differs, they fall into two general categories (1) require licensure for wholesaling, making wholesaling a violation of licensure and or (2) disclosure and protection laws concerning “taking advance” of homeowners.  

I know that Lexington is currently on a trajectory to be infilling for a little while - which I feel is advantageous for real estate investors.

The greatest advantage for the seller with me being a fellow military member is I can free up her entitlement .

Is it more advantageous for me to do this in Colorado? 

Many of them take advantage of OOS investors because they know no one is closely watching them.