@Russell Brazil,I understand your point about DTI, but I was thinking more about the fact that we would exhaust a significant part of our savings to buy the multi-unit first and would likely have to save extensively for a couple of years in addition to what we might cash flow from the multi-unit to have enough to buy our single-family home next.

It's normal to feel a mix of excitement and nerves – it's all part of the journey.With your short-term rental in NY no longer an option, flipping could be a solid entry point to build up some capital for future ventures like buy-and-hold properties.Choosing the right market to start is key.

But even if we can get to that understanding, it will still vary a LOT by market.

We always suggest being prequalified before purchasing a property since that will help us understand our numbers.  

Hey @Jose Barrera, The best way I've found to build a solid investor list is by calling SOLD FLIPS in the area where you have a deal.

I understand everyone is a human, mistakes happen.

You need legitimate self-employment activity or business with "earned" income to be eligible for a Solo 401k plan.You can't contribute passive income from schedule E, but earned self-employment income from schedule C is eligible, so your understanding is correct. 

You can use the BP agent finder tool- some solid people on there. 

I’ll ask him now about it Guys, kinda off topic, but any of you Toledoans know of a good local lender that understands investment rentals refinance?

I went with a more expensive hydrogen peroxide system. 2 months seems solid.