@Jerry Chilimidos, I see that you are self-employed.

Hey Jeff, This is a great question and one we get all the time as we specialize in working with real estate folks, but the size of the portfolio can vary widely. 

Does anyone have experience employing out of town people with 20 plus years experience ? 

Neighborhoods near major employers like the AFB often provide reliable rental demand, which is a great foundation for a long-term hold strategy. 

For instance, sourcing cash flow deals is essentially nonexistent in affluent metro ATL markets with high employment, exceptional school systems, and attractive nearby amenities.

I would look for reviews on Zillow, Google Maps, Yelp, Experiance.com.To look up their license history you can use nmlsconsumeraccess.com, licensed and registered Loan Officers have to report a 10 year employment history.

We're starting to see more HELOCs and 2nd mortgages on investment properties nowadays.We deal with pretty much only real estate, investors and self-employed borrowers.send me a direct message and I'll get you a little bit more information.

I read that one of the requirements for getting your second FHA loan is having a change in family size.

For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.

The higher credit, higher income, gainfully employed S8 tenants are choosy about where they live and do not want to live in a bad, high crime area.By buying in an area that appeals to high quality S8 tenants, the arbitrage that you might see between S8 being higher than market might disappear.So that being said, it’s more important to lead by location than strategy.Happy to talk further if you like.