In my head it would be a plus to have a master suite upstairs but the downside is that the only other bathroom then would be in the basement.

My biggest concern is not having enough of a safety net for that second purchase. 

@Joshua Feit my biggest tip would be to make sure all of your numbers work assuming you long term rent it i.e. don't rely only on STR revenue in your analysis. 

So I've been strategizing how to start my RE profile in the next year or so, but the biggest things is saving to get that 10-20% down..

A little bit about my search.BRRRR looking for maximum value addPre-approved for 185k hard money loan (although, from what I see I'll be able to get my feet wet for much less)Quality tenants are my biggest concern(looking in "B" neighborhoods, think nurses teacher working professionals etc)Will be OOS and using PMI'm happy to discuss my situation in more detail.

I found the biggest company around me.

Make sure you double check and verify the numbers you are getting, just because some one says ARV is 150 does not make it so.One of the biggest factors is how long you'll be in the high interest loan. 

The biggest problem landlords have in pre screening is not being crystal clear as to what their cut off requirements are.

I currently work as a Sales Consultant for one of the biggest builders in the Nation.

Hey Alana,So one of the biggest issues I see with new real estate agents (and investors) is they are doing the same thing every other agent in their market is doing.