As an Accountant and CFO with two decades of experience in real estate management, I’ve observed that landlords often handle things differently.

Fannie Mae only requires ONE year of property ownership or management experience to allow you to use rent to qualify.

But I was thinking the same thing…and very pleased to know someone with your breadth of experience concurred.  

I personally do have experience with renovations, and being a landlord and have done a few flips some went well and some did not and I have learned some valuable lessons along the way.

My advice would be is to talk to multiple investors who have real world, actual success-based experience in flipping over a sustained period.

I can only speak to the Texas market, where malls that focus on creating consumer experiences (coffee shops, kids play area, entertainment-based tenants) are still performing well even in this age of online shopping.  

Ask how many units they manage and how much experience they have.

@Weronika Jedrak, I just found this thread and am wondering what your experience has been.  

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.