I have refinanced out of PMI and I'm ready to start looking for my next investment property.  

I’m comfortable buying a 2% property if rent ready, subtract the conservative 100k and I think at 400k these would cash flow and be a good investment.

In others experience, what's the best way to work in that timeline - have the properties ready to move on by the time the other sells, or start even sooner? 

Find some type of private lender willing to do a flexible no doc loan at 50% ltv for them. cons - Given they are a consumer without adequate ability to repay it could be tough2.

Usually those deals are for folks who have been with them for several years and are proven investors.My guess is, if you're going to be a "cash" buyer, is you'll need to have funds in hand, ready to settle. 

You can specify the type of property you want and target owners who could be ready to sell.

Ladies and gents,I am currently grinding out the required hours of education with the somewhat overly optimistic goal of being at least ready to test by the end of my college semester so I can dedicate all of my time to being an agent.

To bring the building to rent ready at your standard, you need to spend a lot of money. typically you will be spending around 10k per door to get a reasonable standard including HVAC etc. 

Thanks for your help- I have enjoyed reading many forums so far.You are not ready for investing yet.

Just consume as much as you can.