I hear so many stories of how people start out there journey and this seems to be the best way if your young like me with no money to spare...

Could also be a great opportunity for those looking to diversify or invest internationally.Does anyone else have experience with this investment vehicle or others like it?

It will likely get flagged and removed.

I’d like to put a primary mortgage on it during renovation (once livable) to get the 12 month rental clock rolling.I know that I must live in this house the “majority of the year”.

Have you explored alternative financing options, like hard money loans?

Run your numbers for both scenarios and see what it looks like.

A roof only takes 3-5 days, so incremental payments may look like 50% upfront, 30% when complete, then the final 20% after approval.2.

Sounds like you might be better off to cut your ties to this one sooner than later. 

Hi everyone, As a first time out-of-state investor, I've heard buzz about promising neighborhoods in Columbus, like North Linden, Olde Towne East, and Franklin Park, known for their potential cash flow and appreciation.

Not exactly sure how something like that would work.