They where both just standard buy and hold properties in my local market.

If you don’t do a 1031 exchange, you should definitely try to hold the property for at least one year to get the long-term capital gains tax rate.

Work more hours whether at regular job or get a second job.

Do you think Sedalia is still a good market to jump into for buy and hold?

But essentially, you just need to ensure that you are not claiming to represent the seller and disclose on your contract that you hold an active license. 

I'd hold on to the cash and stick with 25% down, in case you need the extra cash for emergency, or for down payment on other properties. 

I hold a real estate broker's license, but I'm currently not active as I'm seeking a brokerage that is investor-friendly.

Have an LLC or S Corp- Holding company w/own bank account.

Not a good reason to hold a property unless it is appreciating significantly.If you have a financially better use of the property that's more or less proven using conservative estimates, then that's probably what y ou should do.

Generally I'm big time in favor of holding your previous residence as a rental when you move out to take advantage of the great interest rates.