The funny thing is, in that time, I have only flipped 2 houses and the second flip sold in 2018, so it's not even considered during the underwriting process. 

Best regards, if note pays off early who ever orders payoff demand is going to have pulled title they will see your assignment and then will contact that bene and order a payoff.. they get their money you get the delta.. as your in second position basically.Now this is were it can get tricky if fraudsters get in this and don't record the assignments and the note holder who borrowed against it does not pay of  the underlying..

I live on Maui, father of 2 and happily married!

Secondly are you sure real estate is the path to take?

The second you fijish the clause, the property that secures your mortgage no longer exists, and thus needs to be paid off. 4 seperate properties now exist.

If so having your dad go second to a bank with the 25k down payment loan above seems like a solid option.

@Tanner Gish I second Geoffrey Modderman.

Or you can buy a second property. 

My name is Jonita Ovalles-Pecjo (hyphenated with my biological father's name who died a few weeks before I was born and my step-dad that raised me until I was 15), but most know me simply as Jae.

My father does all the construction work and keeps up with the property. once purchasing the building my father renovated second floor apartment.