Guests are more concerning about healthy safety during this time.

The major engines driving it are safety concerns and restaurants/service industry not at full capacity.

Using this process you could fairly quickly acquire a good number of doors and maintain a large safety-sum of cash-on-hand, which I assume is why you've kept 100k available at the moment.

can't do delayed finance with hard money, has to be arms-reach funds. private money might be an option but the best option, if your'e going to live in the place, is find something that you can live in 

Remember, unless you have an ARM, your mortgage will stay the same.

@Abhishek Pareek As long as you do a 3rd party inspection and really look at structural, safety and mechanical issues.

I think I am going to just pay off the 57k I owe on my first investment to give me a little safety net and lower my payment. 

FHA inspections include additional safety items such as peeling paint and stairway handrails, etc.

The IRS understands that sales between family members can not be at "arms-length". 

@Paul Costick - True, twisting the arm of some random contractor to become an investor might not end well.