Need a new roof in a 3-5 years, you probably want to be pretty liquid (year long CD, Money Market, maybe very short term bond fund etc) for those funds.On a condo board 15 years ago, I  was once able to get us into some nice CD's a decade ago that laddered with the useful life of components.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I thought about starting out with 1 single family residence for long term or midterm rental.

Hi, I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental.

On a short term hard money loan yes. 65% CLTV max 

Quote from @Matthew (Mateo) McDaniel: A hard money lender is typically used for short-term loans.

The programs are quite easy 25% down on a dscr loan and 6 to 24-month terms and can close within 14-21 days send me your email or DM me and I send you the matrix for most of their programs.

If I were to do so, I'd definitely look for small multi-family as opposed to SFRs, unless you're wanting to create a short-term rental(STR). 

Since it already cash flows, that could ease that burden for you.For funds, I'm not sure what your existing rate and terms are but you could always try a cash out refinance to fund the next property.

Short term bridge loan, they require much less down payment (10% or less) after stabilizing the units you can refinance with a better loan option.2.