I know a CPA is also extremely important, and we have a few seemingly good leads (but with tax season new appt times have been hard to come by).Look forward to getting to know some of you better, and maybe even working together in the future! 

You would have to qualify debt to income wise but if the purpose of the home fit the guide lines rulebook, HUD 4155.1  You could buy your next home using FHA.There are a lot of loopholes when buying and using FHA, VA-Military, USDA, DPA-Programs you just need a seasoned mortgage banker who can walk you through the process ahead of time. 

Hey @Kristin Haug, 6 month seasoning was/is typical from local banks, which used to have the best rates so it was worth the pain/wait.

Are you able to take on a second job during busy seasons?

In the meantime, I would also suggest saving everything and creating your IRS 'paper trail' so when tax season rolls back around, nothing is forgotten or overlooked. 

We just listed our first Airbnb/VRBO in a very seasonal summer market.  

Seasoning requirements can be as low as 3 months, which is a huge deal when you're trying to grow the rental portfolio quickly.

But, that's why seasoned flippers give flip houses a bad reputation since they decide on the reno's aspects and quality on the necessity to make money.A live in flip has much more potential, sort of... 

Since I am not taking out a loan to begin with is there a seasoning period still or can I cash out right after I get a Tennant in place?

My goal is to maximize revenue rather than occupancy. i plan to put small kitchenette in each...microwave, 7cf fridge, storage & shelving, small counter, etcMy plan, your thoughts or ideas?