My plan is to be able to work part-time with my currently employer within a year and full time as an REI within another year.

Were you employed in aerospace but left to invest in real estate?

Personally, I didn't use his method, but I have sent it to a couple friends to get them jacked up about real estate. 

My son was hired by the same company he interned with in college, but he still could not get a mortgage until he had 2 years of full employment with the company.  

Figure out how to pay off all the credit card debt you just racked up when you haven't made a single dollar with their "method."

However, the buy & hold area is so much different than flipping that telling you I have a deal that will cash flow at 1% is about the same as telling you I have a pair of shoes that will fit you without knowing your shoe size.Flipping employs a fairly simple and defined formula that everyone can use.  

Anyone else ever try this method? 

What is the best method to use for financing a rehabilitation less than $100k?

I'm sure that once I feel more secure in my knowledge in real estate investing I will probably use other methods in order to obtain those rentals.  

To facilitate my ability to make said purchases, I transferred 401(k)'s from prior employers (administered by Fidelity) to a new custodian (IRA Services Trust Co) into a rollover IRA.