Your best bet, in my humble opinion, is to find a 2-4 unit where there is 1 vacancy, or 1 lease that will expire within 60 days of COE (for you to live in), and STAY at your W2 job unti your purchase is complete so that you don't have to wait another 2 years for job seasoning.There are also first time home buyer programs that can help you with down payment assistance if you are short on funds. 

Also what method do you use to transfer funds from your property LLC's to your 'main' LLC, do you just call it a management fee and bill the child LLC's?

Forgot to mention we are also looking to start out using the FHA 203k loan that provides funding to purchase and rehab the property.

Turnkeys are great if you don't have enough liquid cash to fund the property outright and still allow people to invest in cash flowing rentals and gain 1-4% appreciation annually in most of the midwest markets.

Seems Mr Wallenius on a recent podcast raised $1,000,000 to do just that.  

I quit my full time job in law enforcement last February to raise my children. ( 2 under 2.. daycare cost nearly as much as my salary. ) I am not looking to commit a ton of time to the real estate agency because I want and need to be with my children.With all of my personal interests and requirements do you think it would still be worth my time to get my license?

Unfortunately, the disaster relief usually isn't enough to put the house back into the same shape as it was before.After Sandy, many homeowners stayed in their homes or stayed in hotels and kept their homes while waiting for relief funds.

The house was raised using jacks and a new foundation four courses high25 courses wide was replaced all with new footing.

However, if I have to take the property with a tenant, my preference then is a tenant on a month-to-month agreement so if there's problems with them it's easier to get them out, and if I want to keep them then it's easier to raise the rent and I can have them sign my own lease agreement. 

Hello BP Community,My name is Shawn Roys and I am new to real estate investing and (relatively) new to BiggerPockets.My wife and I currently live in Orange, CA, but are moving to Anchorage, AK (I was born and raised in Anchorage) next year.