We will be residing in the Davenport, fl area, and would ideally like our project to stay within an hour in any directions of there, if possible?  

Ideally, you would have someone waiting to move in and not have to do anything.

Hello all,Along with my short term goals, I have the goal of getting started with rental properties here in Chicago and was hoping some who have gone through this could provide some insight.My goal is to use a FHA 203k loan and ideally I would also love to use the welcome home IL $5000 down payment assistance for first time home buyers if anyone knows a lender who will do a 203k with the D.P.A. that would be incredible.I recently contacted a lender who to avoid naming names sounds similar to bells bargo and was left with more questions and hesitations.The questions I presented to them were:1) Is my down payment calculated off of the purchase price plus repairs or just the purchase price?

Either first or 2nd position as long as there is enough equity to accomodate it; Ideally you'd want it to be a cashflowing property so there is sufficient cashflow to make the note payments so it's not coming out of your pocket.

My plan is to find a single family home that I could house hack; ideally it would have an inlaw suite. 

By having access to over 40 lenders (including major banks/institutions), we're able to compare options and choose the ideal lender and interest rate for each client's unique goals. 

We are currently renting and would ideally like to buy a duplex or triplex and live in one of the units, but would like to know our options if we can't get the leases to line up perfectly again.

Maybe other areas have that, but not in TX or FL in price range I deal in.

Not ideal, but they will want to see things in person. 

Ideally I would like it to be in a good/safe area with access to transportation into the city.