We ultimately came up with a finance and investment strategy for the area to secure property and develop a track record. 

@Eddie Starr Seems you're developing a great process to tapping into funds.

We have to obtain a hotel license for each property and collect sales and tourist development taxes.

There's a moratorium on building multi family in my town that was instituted to stop an enormous multi family development.

The area is doing a lot of development, in what looks to be a very desirable area.

Since it is an FHA, there probably will not be much they can do because the FHA mortgage is very particular on proper terms. 

The reason for the speed of renting out is two-fold:First, this is our first time renting out any property and want to learn the proper way while not rushing ourselves into something that we have to learn the hard way later. 

It has sucked.The good news is that today I was presented with a 350-unit development project in Manor that I'm planning to get started on soon and I am actively working on some commercial development projects as well that should hopefully turn into winners. 

Furthermore, I've developed a strategy to save enough cash to get started on investing; only thing is I dont know where to go from there!

I’m working on developing my own list of questions but I’d love to hear other opinions.