But I have to tell you that unless you have (which it doesn't appear you do) an existing relationship with a lender that can pull the trigger at this type of dollar amount, this will almost certainly fail.

The idea of eventually owning multiple properties that produce a steady cash flow is extremely appealing, however, I understand that I have A LOT to learn. 

Basically buy an extremely distressed property at a steep discount, and rehab it.

For example, I had never heard of a 203k loan before, but now understand that it is an extremely effective instrument.

I know both South Florida and the Central Florida markets extremely well and would like to network with anyone in these areas.

I am an extremely outside of the box thinker with a nothing I can't do attitude. 

My coworker and I have set up an LLC to purchase our first property, and we are looking at buy-and-hold rental properties to generate some additional cash flow - starting small and looking to grow over time.I forget what exactly I was searching at the time, but it brought me to Bigger Pockets and I'm extremely glad I came across it. 

It has been extremely hot for the past 2 months in Portland area.The HVAC guy who I trust said the HVAC portion was working ok and ducting work appeared ok too. 

I realize how difficult this would be, but developing house flipping into a seamless process would be extremely advantageous. 

Ethan, sounds like you're on the right track with this- did you pull the trigger?