There are plenty of people who have been able to start a career with nothing more than drive and a dream so I'll let them post how they did it however I'd wager that they are the minority and the hard situation is this is a cash intensive business. 

Hey Bigger Pockets Family, I am recently transitioning out of a W2 based job to become an MLO full time as it being my part time gig was making me more money most months then my full time job. 

I saw your post in this thread as I am also looking for a Ohio based CPA who is experienced with Real Estate Investors.

Thanks No US Based lenders will lend overseas.

One nice thing about selling a primary residence (after 2 years of living in it) is the tax free capital gains.I prefer to structure my investments to avoid forced sale - you want to be the one to decide when you sell based on market drivers not cash flow crisis.

What type of insurance do I need to have all my bases covered during and after rehab?

Some SFRs will also replace older still-functioning items based on their age and likelihood to fail.

The only issue is based on my research once I pay off most of my debts and save up some money I'm not sure where to start.Since I'm not able to save up $10K plus to buy a rental I am looking at for alternative investment strategies to help build up my initial investment (ideally $30K-$40K).  

At the end of the day land value is bases on what you can put on it.

This can take some negotiating on your part.Another approach is simply look for a lender that does't base the loan on your income.