I am a get rich slow type of guy and dont gamble unless it's expendable money.

Generally there is no way to get an FHA loan with traditional "partners."

We were thinking of creating a joint bank account which we can combine our cash together and use for future traditional rental properties as well as Airbnb/Verbo properties.

Traditional long-term "ma and pa" real estate model as a starting point for buying real estate.

Read Rich Dad Poor Dad.Oh and you're now an Engineer, make sure Thomas the Tank Engine doesn't find out you are working a second job, he might not like it.Good Luck!

Forget about the LLC and asset protection classes, be good, have insurance (an umbrella when you get rich) and abide health and safety codes you will be fine.

If you have not, great books to read are:• Rich Dad, Poor Dad• The Millionaire Next Door• Cash Flow Quadrant • Tax Free Wealth• Set For Life• Rental Property Investing• The Millionaire Real Estate Investor• The REAL Book of Real Estate• So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.

Read "Rich Dad Poor Dad" by Robert Kiyosaki, take communication college courses. 

And I am tied up with this personal residence and can’t stretch as far as to get a traditional 25% down conventional investment mortgage.

Traditionally we looked for a $200k gross margin in the suburbs (Price difference between acquisition cost and ARV) and $250k in DC to account for the higher costs and hold times.