You'd have to understand WHY it's not selling now, and that this reasoning would be alleviated at that time.

However, I've seen other syndicates use hard money loans to cover and also sponsors that have created a new side car to add capital until relief can be alleviated so that investors are whole.

I will have a chance to exercise my creative deal-making muscles early that will hopefully serve me well in the future.  

Their muscles get stronger.

Typically reno scope/rents/insurance/etc. are very market-specific, so building your analysis muscle for your chosen market is important so that you go in with the best possible chance to make an educated choice on purchasing.

This is just for practice for now so the most important thing is just looking at the numbers to gain an understanding, don't put too much pressure on it at this point, it's a muscle you have to build by doing reps. 2.

It seems as if you have at least 2 children, id suggest looking at duplexes with 3 beds, or a larger home with an ADU (Attached dwelling unit) that you can rent to alleviate the mortgage payments. 

I really want to be as hands odd as possible with operations so I’m willing to spend on a good property management company (mentioning again I’m not as concerned about cash flow today)any insight into markets you are aware of with good alleviation outlook over next 10 years?

Your muscles will be sore every day, you will see people doing much better than you, and you will constantly fail.

I guess it just all depends on having a system in place to alleviate issues that will come down the road.