My goals consist of purchasing more single family and multi family properties, while building solid relationships with many of you great RE minds along the way. 

Feel free to ask any questions that come to mind Good luck  

That extra 1.5% down goes a lonnnnnng way towards making this happen.3) Find a Local Expert -- Once you know what you'll qualify for in regards to a loan, it's a good time to team up with a local agent (particularly one who's investor-minded) and they can show you the lay of the land.

The exception to that in my mind was if you planned to do any improvements that would add value to the home, but since you are buying turnkey, that doesn't sound like the case.

But, if you dont mind, you are ok right now.  

small fry private folks maybe.. but in my mind they are not in the business of making HMLs 

Also keep in mind that many flips may not qualify for conventional financing if you go the ITP route.

The inspector was gracious enough to email me a list of his preferred handymen and general contractors which I wouldn't mind sharing with you.

Keep in mind the cost of the rehab vs the max rent for the area that you could charge. 

Never mind above.