What other major expenses should I be factoring in? 

It's not major money, and it's probably worth a lot more to him than  it is to you, especially now he also needs to go to the grocery store and deal with the mess, and he won't be able to cook things. 

That means that I have to either: have enough cash to make the purchase and do the entire renovation (I don't) or move into a house that isn't yet adequate and live in a major construction project for the next 6 months (I don't want to).Is anyone aware of a lender that will do a cash-out loan without requiring occupancy prior to closing?

@Bill MeeksI've invested primarily in SFH in rural areas of North Florida with about 15 units online at this point.  

I have also looked online at some commercial apartment buildings out of state, some seemed pretty great. 

I found this very interesting article about Airbnb in Tucson that I thought it would be of interest to investors who are having intention to start their Airbnb business:Original Article Courtesy of Carol Ann Alaimo of tucson.comShort-term vacation rentals a multimillion-dollar industry in TucsonBusiness is booming in the land of sunshine and saguaros for those who rent to tourists through a popular online booking platform.Tucson property owners collectively took in more than $8 million from Airbnb rentals last year and demand continues to soar in the run-up to the city’s annual gem show.About 53,000 visitors stayed at local Airbnb properties in 2017, a 73 percent increase from the year prior when about 30,500 did so, said Laura Rillos, a spokeswoman for the San Francisco-based company.Total rental income for participating Tucson property owners jumped from $5.1 million in 2016 to $8.4 million last year, Rillos said.The short-term rental trend has been good for the local economy because it serves those who otherwise might not come, said Dan Gibson, a spokesman for Visit Tucson, the city’s tourism bureau.That’s especially true during peak periods when local hotels tend to sell out, such as during the gem show or homecoming weekend at the University of Arizona, he said.

(Due to the fact that I handle our finaces and his language barrier) with some major upgrades done to the house, we have a little bit of equity in the home and our lender has talked to us about digging into our line of credit.

You can also check their reviews online at Google, Facebook, or Yelp.

You can buy them online, or rent them locally. 

Currently taking the 75hr course online, i have done 15hrs, any advice?