If you are looking to meet other investors and learn how best to get started, BP can be very useful. 

I think the biggest hurdle you are going to have is establishing experience.

Are you looking for more cash in hand to boost your lifestyle?

Although we are in different states, I’d love to be apart of the group and help coordinate and connect with other investors in the same investing strategy as myself.

On top of that are the low homeownership costs.

Johnny, I know exactly which lender your working with.I am going to tell you, there are better options.Look around a bit, That prepay is 5% fixed for 3 years.I wouldn't pay 22k to buy a rate down in a decreasing rate environment.A 7.75% on a 3,2,1 declining prepayment is a better bet. 

We are in a correction.  

Someone who is helping plan your tax situation and your short and long term goals. 

I would also expect to start to see some significant price reductions on land, especially those parcels which are not buildable or have no utilities on them. 

Just make sure you’ve lived there for at least 2 of the last 5 years, which it sounds like you have, so you should be in the clear.As for timing, since both deals are happening around the same time, things should move smoothly.