Main criteria-3+star neighborhood, 20% down, 10-12% cash-on cash return, ~7-8% cap rate, 80-130k purchase price, 1% rule, amongst others.

During a discussion with my mortgage broker today, she mentioned that as I start doing real estate flips, an Exposure Line will be a good financial product for me.

I couldn't find any loan products that could make this happen.Now I'm leaning towards buying a single family home in a decent area of Orange County and use it as my primary residence.

If so you may need another short term loan product to get the rehab work done.

Lima One Capital also has a rental product.

For most lenders and I think for Fannie Mae products you can't count commission in order to "qualify" for the loan, so you will need to have whatever requirements are necessary.

A vanishingly small number of people are born under lucky real estate stars.

I would, however, recommend you talk to a lender and see if they have any products similar to the FHA.

What is one software/app/product that you wish you had?

There are two schools of thought on this, I've had plumbers (that sell the products) tell me how great moen are and how they have a lifetime warranty and how the parts are always available.