Anyone that can reach out or help with valuable advice and experience would be greatly appreciated. 

I wish I would’ve read rich dad poor dad sooner.

I agree with Jay, I want to see the numbers, the experience of the sponsor and how much skin they putting in the game.

The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.

I would then plan to use this forced equity (since I plan to buy a fixer upper) to invest in another home.I have been constantly reading to househack right into the MFH, but this may take some time for me to acquire the money and purchasing power.

During this time, I've gained valuable insights and experience, and I'm eager to expand my rental property portfolio.I currently own one rental property from my first house purchase.

@Raj Balakrishnan so if you read the fine print say on smartmove  you will see the states it does not cover.

In order to underwrite successfully you gotta' know the numbers and have experience.

Could you share your experiences if you have encountered a similar situation?

That being said, I have been listening to podcasts and reading books on real estate for a couple years now but have not had the time or money to fully dive in just yet.