If you'd like, I can ask him if he can build up north a bit.

I just acquired my first out of state turnkey at the end of last month and am eager to acquire more but waiting for the finances to build up again.

My main investing focus is going to be in Buy and Hold, BRRRR, and flipping houses in the greater TampaBay area as I try to build up our assets.

I think that after I build up a portfolio with rentals, I'll then be able to shift towards flipping full time, like you said.

Given that you said you don't have the time or money to fix one up, perhaps you can pick up a 4-plex in rent ready condition, (at a killer deal) with $0 down, and save the $15K to cover CAPEX until you can build up the cash reserves to cover it. 

The on-the-shelf buildups (i.e. at backsplash) were much thinner than the custom ordered version;3.

I will also be looking for networking opportunities in this Site to build up mutual professional relationships. 

If everything was rehab and new, then I would likely build up the 6 months reserve over time.

One nice thing about having to use the higher (compared to conventional loans)  is that your cash flow is higher so you can build up to get the next one sooner. 

I would say build up your own capital by finding deals like this to make big checks then you dont have to worry about finding lenders for the down payment.