My wife and I have a guest house at the front of our primary residence that we rent out as a short term rental on AirBnB.

Basically, back in 2008-2013, investors had a lot more leverage when it came to hiring contractors than they do now, and any investor who tried to do this would likely find that they were alienating potential contractors and this strategy would backfire.Long story short, in a hot market, this won't work well. 

Short of a specialized career field, college is a waste of time and money. 

In short:  Make sure you do as much of your homework, and setup your criteria before you start to list your first property for sale.Best of luck!

(this is important if you do need a short term loan to purchase then refinance out - and the answer should be 1 day...very important that it is 1 day on title is all that is needed to refinance) What is my minimum down payment required?

In short, I am looking for general comments on what is seen nationally for a $1,392,000 purchase.

With zero dollars in it, after being paid back, my CoC ROI is huge because of a $0 base.Can anyone name a reputable short-term lender that will loan to a flipper? 

I have an Approved FHA short sale in Bakersfield California, looking for an investor to make an offer.

If the lender agrees, they may take a short payoff or the arrears portion and then you make payments.  

Assuming cash flow on the two and possibly a 3rd property you could rapidly be on your way to a 4th property in short order!