@Danielle DeCormisKey would be to find a DSCR lender that would allow for a second and then with that loan do you still meet dscr ratioA better bet would be to bring in an equity partner

Terry,Have you weighed out the pro's and con's doing a fix & flip and capital gains versus fix and hold long or short term rentals?

Education is important, but I think the decision of how to invest money needs to hinge on how much capital you're likely to have to deploy to various activities and how much time you intend to invest actively managing deals versus selling your time into other productive endeavors. 

I bet you don't have any friends who want to do this at your age so when you tell people about your dreams they say it's crazy.

You may also want to look at a cash out refinance to eliminate one or more Heloc or a few credit cards to lower your DTI and outgoing monthly debts.A heloc is a risk since its an open end mortgage like a credit card which carries a higher risk versus a 30 year mortgage. 

So there should be a difference if the house was damaged by flooding versus winds/tornado. 

I am considering constructing a modular home which should reduce the construction period to 4-6 months versus traditional home construction.

For example, does it cover which areas are common areas versus private ones?

That happens in a couple ways- but your best bet is to find an investor friendly agent that will let you tap in to their network.

I bet that you have a few keywords set up, and regularly chime in when your market and/or specific strategies pop up.