@Tina Thornton the 1031 component does add a wrinkle to the equation but not impossible to overcome.

I will also be attending College Of DuPage in the Fall so that’s a dilema I am trying to overcome as well.

What strategies did you employ to overcome them?

FHA has a few more guidelines you have to overcome when doing 3-4 purchase. 

You just need to learn how to overcome these limitations.So start with setting up.Appearance:If you do not look capable, and competent, you will have a really hard time getting any deal period.

I learned the hurdles that come with doing projects out of state and how to overcome them.

I am new to the world of real estate investing and struggling to get going with my first property due to lack of financing and loan opportunities available to me...if anyone has a suggestions of advice on how to overcome this obstacle I would greatly appreciate it.

Thanks   We often times run into this all over the country however mostly, in high cost markets like the west and east coast areas.There is some strategy you will need to over come and we can discuss that below to structure your file to qualify in the best light possible.The first challenge if you're trying to use 203k FHA on your upleg or next transaction is the fact that you'll have to deal with the FHA 100 mile rule which basically states you cannot use rental income offset upon moving out of your current primary if you plan to use FHA to buy the next property. 

There are always challenges in real estate investing that need to be over come so sorting through many deals will likely be required.

If the applicant has a history of responsible debt management outside of an isolated event we will discuss it with them to find out the cause, a lot of times life happens and people get in tough spots they have to overcome.