One of biggest problems facing developers and investors is the lack of quality labor available.

I’m very excited to finally be an investor instead of just an aspiring investor.The biggest thing is just taking small actions consistently.

The two biggest mistakes I can think of that most beginning investors make are underestimating repair costs and overpaying for a property.To prevent underestimating repair costs, team up with a good general contractor who can give you an estimate of what it will cost.To prevent overpaying,  really make sure you understand what your ARV is and try not to pay more the 80% of the ARV minus costs.

., more than half of the calendar year) for the Borrower's personal use and enjoymentThe Borrower may rent the property on a short-term basis provided that the property is not subject to any rental pools or agreements that require the Borrower to rent the property, give a management company or entity control over the occupancy of the property or involve revenue sharing between any owners and the developer or another partyYou were right @John Transue and @Keyla Rosario and @Brent Huling I only need to occupy it part time, and can rent it out with no penalty of fraud. 

How much revenue does this generate?

I understand the rental revenue will be higher, but if Sacramento is anything like Cincinnati, OH, you would be better off selling the single family, then buying a duplex.  

However, with that multitude of knowledge I've gained (and still searching and learning) my biggest concern now is after I accept the offer, relocate, and start getting paid I want to ENSURE that I dont suffer from "Lifestyle Creep" and focus all of my money on preparing myself and my bank account for getting started in real estate investing.So my question is this,Should I seek a financial planner or an accountant to help me manage my finances to achieve my goals in real estate investing? 

However, with that multitude of knowledge I've gained (and still searching and learning) my biggest concern now is after I accept the offer, relocate, and start getting paid I want to ENSURE that I dont suffer from "Lifestyle Creep" and focus all of my money on preparing myself and my bank account for getting started in real estate investing.So my question is this,Should I seek a financial planner or an accountant to help me manage my finances to achieve my goals in real estate investing?

Looked at most markets that are trending and some not so trending markets...I guess my biggest fear is how does the heloc or cash out refinance work?

Most lenders will not look at "potential" STR income on our home, as we are not currently generating any revenue with it.