Can I still take a delayed financing loan out while still retaining a certain amount of equity in the home if my appraisal after repairs is higher than the my initial investment in the property.

Given the massive military presence there, I would recommend making your initial focus on renting to other military if the BAH numbers work out for what you need.

The hardest part for me initially was remembering to update it.

I have a team of Architects, Builders, Lawyers, etc. already set up and doing initial planning but the amount of capital and experience is something that i'm just not privy to yet.

Are there any suggestions you guys have to get us over that initial "hill" and start this journey confidently?

If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as many doors as you could, had 100k to start, and still had cash for reserves…Would you continue renting and or seek out a primary residence where you could house hack (keeping your DTI low, so that your able to still acquire rentals) or would you first acquire income producing rental properties and then use that income to eventually help you qualify for a primary residence?

I find that the initial leap into my first SFH purchase many years ago is not nearly as unnerving as the leap of faith from SFH to the Multifamily unit arena. 

And finally there is a lifetime adjustment cap, or the total limit the interest rate can increase from the initial rate over the life of the loan, commonly 5%.  

TY very much for your guidance, @Dmitriy Fomichenko.Lenders (at present time of Sep 2021) who do not initiate Non Recourse loans:1. 

Here is my plan: - Purchase a distressed SFH using a conventional loan (5% down)- Live in that property for 6-12 months while rehabbing it- Cash our refinance - Purchase another SFH as my new primary residence and plan to live there for 3-5 years- Rent out the initial SFH and cashflow a reasonable amount - Continue to save money from working + build equity in the initial SFH- Leverage a 1031 exchange to sell the initial SFH for a distressed multi-family property (using my own savings to supplement the down payment)- BRRRR that multi-family property and keep repeating from there Here are my questions:1) Would I be better off forgoing the two SFHs altogether, and continuing to rent an apartment until I have enough money saved up to buy a multi-family property as my first investment?