@Deshawn Lewis Keep pushing... and be ready to pull the trigger... and don't let anyone stop you!

Did you pull the trigger yet?

Nothing worse than your guts telling you something's wrong, then you pull the trigger anyway.  

Moving past that, what has triggered this post?  

My initial plan is to learn about the different investment strategies, determine what will work best for me now and in the future, learn some more, and then pull the trigger.

If a rental, you'll trigger the full recapture tax (25% of all depreciation) due no matter how much down payment you receive.  

I'll finish rehabbing the place and get a renter established, then after 6 months or so I will go back to the bank and see if it will be allowable to do a refi and cash out some of my equity without triggering the repayment of the closing costs.   

What is a reasonable ownership percentage threshold to trigger a change in control event?

So I pulled the trigger last Friday and got my first deal under contract and know I am working to wholesale right now.I am determined and motivated and I am not scared to make mistakes.

But I have to tell you that unless you have (which it doesn't appear you do) an existing relationship with a lender that can pull the trigger at this type of dollar amount, this will almost certainly fail.