Forgive my ignorance, but won't the lender not allow me to do an owner-occupied mortgage since I'm out of state and won't be able to fulfill any potential residency clauses (i.e.-- living in the home for 1 year or something)? 

Ultimately, we refused to do an entirely scripted show, and we never came to agreement with the network on a contract.Long story short, don't believe anything you see on these "reality" shows...The real money in this is when they then go on to be flipping guru seminar companies backed by Utah based fulfillment companies.. that's were the real dough is.. the 40k a pop per student to learn flipping from these celebrities..  

Glad you got to fulfill a childhood dream, not many can say that. 

.), and developing a list of specific needs, which are based on your needs to fulfill each of the prerequisites (mini goals).  

However, it is something to aspire to and the lesson to be learned to is to not give up on your dreams and keep striving to fulfill your own path.Your point on negative cash flow is well taken.

(Link below)  I live here, and EVERYONE I know with the exception of a handful of lifelong New Yorkers is preparing to move just as soon as they can.

I think it helps you and fulfills your wish.

Cash flow today (though it’s nice as a buffer and margin of safety...) and more focused on acquiring great located assets that are lifelong holdings.

Before that though, I want the buyer to know that I have the funds to fulfill my end of the deal.

It sounds like it will be a very fulfilling challenge.