Two questions:Assuming my credit qualifies and the SFR property cash flows at an acceptable level:1. 

If you don't have those skills, I would find a partner who does.

If he is just a decent handyman that helps then I would not think of doing so unless the property is hard to rent out and he is more than qualified.

That being said, you could either become an agent now, bust your *$% for 2 years and qualify for the loan then OR you could still be an agent and find a co-signer/partner to go in on a deal with you sooner.Being an agent is not easy but its simple.

It's that I have to have a stable job to qualify for loans.

I didn't get past the first call before picking mine, as the Realtor I spoke with sounded like a wealth of knowledge mixed with incredible interpersonal and negotiation skills. 

The process starts with the sale of your old property and you must use the services of a qualified intermediary. 

I was under the impression that any borrowed money wouldn’t qualify as “cash only.” 

. + Farmers providing qualifying services to other farmers.

You'd also need to make sure you're able to qualify for a $700,000 loan of course.If that worked and you only ended up with $90,000 in the deal, and you were actually cashflowing $1,000/month, that would give you about a 13% ROI ($12,000 income per year on a $90,000 investment).