The attorney is correct, the property would need to be rented for a period of time. 

It just costs money to periodically visit properties. 

Smaller flips, time in and out in 1-2 months, will be more profitable over time and allow you to keep quality contractors continuously employed.Spending more on hiring more contractors will effect bottom line on one flip but enables you to do more flips in same time period increasing over all profits.

What type of initial financing for the rehab period should I be discussing with the banks?

The lender gives you a slightly higher rate, and THEY pay those costs for you.This strategy is a great short-term strategy, because most times it takes about 5-7 years +/- to break even on paying those costs.Which is why for many real estate investors, especially flippers, this is a better strategy, and one that I educate all my clients about.Everyone is so caught up in the lowest rate, when in fact overall cost-effectiveness and knowing the long-term plan are more important than rate. 

I always thought there had to be a seasoning period, but recently learned otherwise.

I am looking for any recommendations to lenders that do not require or have a very short seasoning period for rental properties. that service the Cincinnati area.

You said real estate has 30 year cycles, yet you circled 10 cycles on this chart that covers a 120 year period.

Also over the next period of years flood insurance rates will rise yearly as the NFIP tries to stave off bankruptcy.

Hi @Jake K. and welcome to BP, it has everything you need from free online educational videos to connecting to other investors, you can't go wrong on this site!