•Contractors (especially if you plan to add value).

Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me? 

.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.

Hi JoseOverall, your plan is viable, especially with significant equity and an unconventional financing option (WLI cash value).

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Given that the seller is financing the deal for the 2 years and then the plan is to re-finance it with a bank, I am having difficulty producing such financial analysis.

I plan on doing it sometime this week.

They are pros who understand real estate and can help you make a solid plan to help you accomplish your goals.

My original plan was to utilize a real estate agent to be my property manager that I met through a Dave Ramsey referral program, but I'm exploring if I should attempt this on my own.  

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.