Additionally I would have to ask the question of how would I move from this primary residence to another and being approved for an additional loan?

Additional criteria: 200k ARV, B- communities, 1-1.5 hrs from Dallas, decent schools. 

We have a Lanai/ Deck addition and looking for someone with drafting skills to assist with a scaled drawing for permitting.Mahalo for the help!

I think that an approach that might help accelerate this vision would be to continue that savings rate, but to consider a "live-in flip" - one or several, in addition to a plan along the paths that he mentions. 

Additionally, we use a set of spreadsheets for categorization of rental expenses, plus another for property maintenance, task lists, etc...

In addition to the above, once you put your apartment online for rent...you will know if it's reasonable or not based on the number of inquiries you receive.I just placed my 1/1 w/ Office online and received 60+ inquiries within 2 weeks.

However I kept the units small and included them in the ammenities of the units as an additional selling feature. 

Additional information is available upon request!

Additionally they can legally demand all their remaining advance payment back at any time since it remains their money until used up.

Make sure to provide the real estate agent - your lease agreement including all additions and provisions, instructions on how to screen the tenants (you set the terms according to the specific house in the specific neighborhood comparing to other rental in the area). and you let the RE agent list the rental in the MLS.