I am signed up for a pre-license class and will obtain my license by June of this year.

what size t-shirt are you? 

I believe they could only be obtained paying cash?

That's what I was thinking but if I completed the 1 year of owner occupancy, I would think that I would be free to obtain another one if I wanted to move, regardless of the reason but that must not be how it works even though I'm putting down 15% and not using a special loan program where I'm putting super low down payments such as 3.5% or 5%.

@Edward T Trahey Hey Edward, I would check out April Crossley on Youtube, she has a lot of videos on seller financing which I think you will find helpful.

Lame BP won;t allow domains, emails or phone numbers in posts. 

(Turns out that work he had done wasn't up to code anyway but I'm so very thankful he didn't destroy anything else.)So, here I am now, it will be about another 2 weeks of sunk costs and time, properly vetting highly recommended contractors with long work histories to obtain updated numbers and a timeline for the work.

So the other day I was on YouTube looking for different ways to obtain a wholesale deal and I found something called a double closing strategy which from my understanding is, when you get a sellers agent to work with you on a property and you have the agent work with you as your buyers agent!

If you can get over the hurdles of obtaining the loan, you may want to owner-occupy the property, find a long-term renter, which shouldn't be a problem, or rehab and flip... but I would recommend buy and hold. 

@Max T.