.- you can refi later- you can carry the insurance you want, not what the lender wants

If you do that and you decide later that it was the right property, it might still be available or you'll probably be able to find another one that's as good or better.

Make a Rolodex of them for later.2 - Complete your design plan - i.e. take measurements and come up with a plan. 

But your risk to reward is far different from mine and likely from those who read this thread later.

Yes, this will be an entry level job, but it gives you experience, gives you income to be able to even start buying single family rentals, if you want, gives you connections in the industry (not always investors, but people you may need later on).  

I want to start off by getting into single-family homes, then later on the line, once I have more experience, work on larger projects such as multi-family 5+ properties.

Plus, taxing on social security becomes an issue if I do this later. 

Maybe see you there later this month..

A solid single will build your confidence and teach you a ton.Know Your Exit Plan: Have a backup—rental, flip, or sell later.

I understand that some prospective buyers have gotten under contract but later backed out.