I feel like I have a pretty solid understanding of what to look for in a property and have some specific steps to reach my goal of financial freedom.I was targeting three-family homes because I am fairly certain by all the analyses I've done that I could start cash flowing immediately with two units, while occupying the third.

While I had planned all along to add the third bedroom at some point, I ended up doing so much quicker than expected but very pleased to have increased the appraised value by $45,000 in just under a year for what turned out to be a somewhat unplanned BRRRR of a turnkey property.

Then poured slab and ran utilizes and placed a single wide while I had grandfathered zoning to get at least a third unit. 

Here are some details about our properties.I have two rental properties and a third primary home in the California Bay area.

On the properties I syndicate and have third party Managment, I leave that to the Discretion of the property manager.

To have the funds released you need to have a third-party inspect the house and the repairs made.

But I do know in Florida if you do not pay your property taxes by the third year the owner will loose their house and the house goes up for auction.

@Michael Judd  I have never heard of a lender imposing a waiting period to buy a second, third, fourth property. 

In my scenario, I had already purchased two homes using the same lender, and cross collateralized the second to purchase a third.

Good Morning Chris,All three forms of financing are effective enough to execute your first, third, or tenth deal so long as the numbers work for your deal.