There will be tax implications based on the percentage of your gains that are attributable to the borrowed amount, so you'll have to have your CPA guide you through that.

Therefore I suggest bookmarking a fe links to access resources like checking out these calculators , the file place, REI resources, and looking into getting some or all of the really awesome and necessary books offered here on Bigger Pockets.

Its so many resources for buying and holding I'm looking for strategies to buy and flip consistently and hold onto my house at the same time.

Or any thoughts on a good resource for how to lay out the terms for owner financing for something like this? 

That's the first principal element of a quality cost segregation study. https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-reportA "mini" cost seg is basically a residual estimation, which is cautioned against by the IRS because it is generally inaccurate.

I would plug your scenario in to Scottsman Guide's website and call a few of those groups.

This is broad advice though...my suggestion again is to speak with your agent about the specifics of the deal so they can guide you. 

A good Realtor should know the market well enough to help guide you towards the potentially profitable areas. 

The Beginners Guide I’d strongly recommend but if you’re here you probably already know that.I am looking for a little help here, some guidance as I have roughly 4-5 months before I start anything besides learning and saving.

Keep being involved in the forums, reading the BP material and guides, participate in the BP webinars, check on the videos on the formulas, and listen to the podcast.If you need help with a particular lesson feel free to message me!