We aren't flipping, so it only costs us rent loss to take a little longer to do it ourselves.The bottom line: do the math.

I've got my "homework" cut out for me but am glad I have so many options.

Any advice or links or books (I will gladly do the homework and actually look forward to the homework) that you all can offer is greatly appreciated.  

They see the potential profits or monthly cash flow potential from your analytical report, see that you've done your homework and might be ready for the big leagues, even if its not that expensive of a property, they know its the knowledge and education is what you need to make it profits, not really the capital or job right?

I've done a bit of research, and I've found that each school offers a different package at a different price point: some include things such as Exam Prep/Practice Questions, Math Master, supplemental E-Books about the industry, etc.

Verify that the math is right by working backwards: if I receive $317 in rent it's discounted by the lender by 75% leaving $237.

The math says when you put less money down, there's more risk for your lender.  

There is a book that I recently read that I just love for investor math, I think anyone who wants to invest should read this book:What every real estate investor needs to know about cash flow and 36 other key financial measures by Frank GallinelliAlso read:The millionaire real estate investor by Gary Keller

Just be sure to take lots of practice tests and know the math material.  

Granted I am much more comfortable with new construction than the average bear, but in my mind it holds a much greater potential to build equity into the property without a large financial investment.In the DC and surrounding areas, you'll need to be sure to do all of your homework on the local fees associated with building.