There are some constraints, however.Constraints:My DTI is close to being maxed outI am not accreditedAm not prepared to do my own syndication at the current timeI prefer not want to invest in REITs or the stock marketI currently work full timeThank you all for your thoughtfulness. 

I would side strongly with your friends (I believe the technicality on OO isn't being there full time, it's like more than X amount of days for 1 year or something.) so I would say maybe not "move in" but make sure you have some stuff to stay there when you have vacancies.

Hawaii (in case you're considering flipping here @Brandon Turner) was the worst.National average for 2nd quarter was 48.4%, which was 1.5 lower than same time last year.Here's the full article: https://www.bizjournals.com/dallas/news/2017/09/14/dallas-among-worst-cities-for-home-flipping-report.htmlFor DFW flippers (and others), how accurate is this report?

Don't be surprised when you're filling out a personal financial statement, that you'll probably be asked to sign a full-recourse loan, etc.

I am Kimberly, a newbie with a full time job & Intensely looking for my first house to flip.

Yes, you have the right to pay off the first in full, if you buy it at the 2nd's foreclosure, as a "successor in interest", but it can be like pulling teeth for them to give you a pay off and get it done, plan on a month to get that done from when you start.

We would appraise your home to be able to get that full current value.

They are prob gonna move if i go full market price.

Hire a public insurance adjuster to negotiate your claim with the insurance company, they will probably be able to get you more than you can personally get from the insurance co. i have not gone through this but this is something that i have read about. you are also better off with replacement cost in your policy, this is equal to what it would cost to fix it vs actual cost, which takes into the account the depreciated value of what was destroyed.

Hit me up when you get to Savannah, I did 7+ years in the Army and now invest full time.