It's also a good idea to compare insurance quotes and check local tax rates as they can impact your cash flow.

We completed our first fix and flip with cash and earned a 78% ROI.

Always go for positive cash flow with potential for appreciation or don't do the deal. 

I'm waiting until i get more capital and cash reserves to have for when i do purchase, so in the mean time ive been looking briefly on the property's my real estate agent has been sending me. essentially i was wondering what should i be doing while I'm waiting and working towards my first purchase.

Does anyone know of any institutions or people that would lend cash similarly to a line of credit or some alternate option that would help us with buying homes to move into our properties?

You also want to make sure the househack is worth it, and that you'll be breaking even while you live there. 

To get more cash flow, it's more work.

Purchase price: $302 Cash invested: $7,500 Multi family unit What made you interested in investing in this type of deal?

I appreciate that, but I also want to be able to do a very quick swag when doing some deal analysis to even decide if it may be worth further exploring.See this following discussion that I thought was somewhat helpful:https://www.biggerpockets.com/forums/24/topics/1174379-rehab...Your description sounds similar to what this thread describes as "Light Rehab"? 

I've got cash ready to buy a few more this month.