For the sake of time,  I was omitting a lot of the details from point of tax certificate and point of ownership for FL tax liens.More detail:In short you will obtain your certificate and hold that certificate for 22 months from the date of origination. 

My question is, is there a better more effective way obtain property and generate cash flow?

A veteran cannot obtain a VA and FHA loan at the same time with the intention to live in both as an owner-occupant.

Ideally, you find a property with decent equity, finance the property with the seller, make payments for a year, and then do a conventional rate and term refinance to obtain the best terms.

It reminds of several articles I've read about starting a business that list items like visit your accountant and lawyer, print your business cards, obtain a business license...but don't even having SELLING on the list!

For the traditional buyer or investor, you may be paying more than you need to in order to obtain the information you want.

However, IMO by not being truthful on how you obtained it would hurt your chances rather than help them.

I'm blitzing these off, while sticking with the 30yr AM on my "good" refi's obtained in 2003 or 2004 in the mid-lower 5's.

Then again, who is to say that you can't obtain the same return or better with real estate?

When I did not have my mortgage company I obtained a few private loans at 100% and gave additional collateral, usually a second on another property.