Fannie Mae allows up to 10 for non-owner occupied, infinite for owner occupants.2) "Must wait two years" is an overlay, commonly called a "rapid acquisition" overlay.

He's very involved and successful with MHC acquisitions and sales.

Then after 6 months you can refinance and get your cash back.Typically people either pay cash or get hard money to finance acquisition and rehab.Example: 100k property needs 50k rehab and ARV is 200k.You would need about 25-30k of your own money and then get 120k hard money.

Original acquisition price was $35,000 and the refinance was for $63,000.

Many lenders have a "no rapid acquisition" overlay, which I suspect is what that podcast was discussing, and is also why you read/hear talk people talk about "can't count rental income until it has been on two years of tax returns." 

On a $50k acquisition cost, I would want at least $500-600 cash flow after all expenses.

Recently, we have been into new acquisitions for under $100K including purchase and renovation on houses that rent for $1,350-1,450.

As a side note, I'm still trying to pay down non-mortgage acquisition debt, meaning I'd take on more debt to accomplish this.

I'm looking to manage some new acquisitions, as well as eventually consolidate some other properties under a single manager.

Your assets will need to be a little higher with each new acquisition, meaning that you are required to have a certain number of "reserve payments" after you close.