I used to work for a utility in operations, power generation, energy trading and in Strategic planning, and know just enough about the electrical grid to be dangerous.Renewables are a significantly larger impact than when I was working in the business. 

I would look to find someone you can learn from, a mentor that you can get some insights from, and potentially partner on a few deals helping with some of your time, maybe some small part of that $100k.  

Great location in fantastic school district, rapidly growing area, showing great potential for future rental.

As a wholesaler I came across different types of list of potential leads but pre-foreclosures seemed to interest me the most.

I've been doing quite a bit of research over the last couple weeks and have decided on an area I think has great potential for my first purchase :) I'm not really sure where to go from there, if I need to looking into pre-approvals, find a lender.. or whatever else might be the next step!

Yet, the initial investment might be heftier, and the management could be more complex given you're dealing with more tenants under one roof.On the other hand, single-family homes might spread out your risk and potentially cater to longer-term tenants, promising less frequent turnovers.

Everything looks correct here for me except for potentially one thing.

HOA now will be allowing max 3 rentals per year, which they say avoids the potential "grandfathering" issue.  

EXAMPLE:  These are fictional numbers, as I don't know your market.Shared Residence: $600 EACH room = $3000 GROSS POTENTIALSingle Family:  $2300 GROSS POTENTIAL RENTDuPlex:  $1500 PER UNIT = $3000 GROSS POTENTIAL 

I want to purchase a condo with the loan 100% in my name, with the intention of completely remodeling the unit for potential rental opportunity.