At this point my Personal credit is free and now I can move on to the 2nd rental property and repeat the process.

I did the mgmt, application processing and inspection - - others did the DIY stuff or I  hired professionals when required.I ALWAYS was the point of contact and then delegated if/as needed. 

My husband and I are thinking this is how we will start the process...

So, I think Bigger Pockets will be a great support in that process.

It should make the process a bit smoother since they are using they're own underwriting guidelines which can be changed to fit any situation versus the pretty strict guidelines set by the three agencies I mentioned.Hope this was helpful and good luck!!

Looking to understand the qualifications and how long the process takes.

I am new and in the process of purchasing my first Property and was planning on using a FHA Loan.  

Emphasis in operations include: repetitive, methodical process; unsolicited direct mail campaigning; forced value generation; off-MLS marketing; market arbitrage; options, and creative Seller financing.

We paid $300,000 for the property and are in the process of rehabbing each of the units.  16 units are 1+1, 1 unit is a 2+2 (with a basement of all things) and there are 2 3/2.  

That is, if your screening process is solid, you'll end up with reliable tenants.