My next thought is that you wont need to wait a year to get 3.5% down for the loan as that is only 5-7k + 2k in closing costs.

Would not suffer from drastic depreciation in the event of a market correctionCriteria #2, #3 are mainly because my job is pretty unstable and I might need to either sell or rent the house out on a short notice in 2-3 years time.If anyone can recommend any specific neighborhoods in Denver I'd really appreciate it!

Assuming that’s not in a high cost area, house-hacking while working and knocking out your associates might be another route worth exploring.This would give you an opportunity to explore both college and REI before doubling down on one or the other.If you can suffer the cold, Cornell has a great real estate program, is transfer student friendly, and offers solid financial aid.

You wont drink because it's not bottled water?  

WITH A PROFIT OF $2K + PROPERTY AND CASH FLOW.BUT, IF THE VALUE IS LESS, THE LENDERS WONT REFI UNDER $45K.

how many hundreds of homes can you buy in B ham for under 50k .. granted they need some love... but seems those would be a good fit start buying the burnt out landlord houses and let the folks buy them and use their sweat equity to fix them up.. but even if you give them to some people they still wont make it work.. when they have lived on public assistance virtually all their lives.. and know no other way of life. 

An LO who isn't doing their full due diligence or who is new might miss that and write you a preapproval letter, but an underwriter wont.

All big banks have different lending criteria's, so they wont submit your deal where it doesn't belong. 

Holding your rentals wont help when it comes to taxes, it's a pass through entity but will help you will liability concerns so if you find a lender that will let you purchase your first ones under an LLC I'd go that route.  

I am now in the process of evicting their tenant, so even though I fired them 6 weeks ago, I will be still be suffering from their incompetence for months to come.There are a lot of great turnkey companies out there that don't cause me to lose my faith in humanity.