Option 1.)Consider waiting a year educating myself more and saving for more capital Option 2.) purchasing my first property with the Va loan in Baltimore/D.C/or central maryland markets roughly around the budget of 200k max or cheaper, live in and fix till my time is up, then hold as a rental property once I move. 

The best part is you don't have to wait for 45 minutes to check out at the local walmart (I was just down in Florida I know how it gets!)

You could even skip trace him and give him a call. it will probably work faster, and you will not have to wait as long to know his responce.

Ask them how long the waiting list is to get on the program.  

Should I ease up and wait for the markets to cycle down and get a stronger start position? 

Tax free profit is sounding pretty good but that's obviously a 1 time thing and we already have cash sitting on the sidelines waiting for the next project.Thoughts and ideas would be much appreciated.

Last month was a rocking meeting from a few thousand dollar deals to one person offering a million dollar deal.  

These are people who have actually put their property up for sale and are still waiting for buyers but have been unsuccessful for one reason or another.

Now I'm waiting to see how much of my money I'll get back.

Sometimes they hire someone, sometimes they do it themselves and we usually have to send them a "friendly reminder" once or twice a season, but it can save thousands.