Your family isn't qualified to deal with your rental properties.3.

Depending on the area it's located, it could take years to sell that home.You could try a local lender who would "portfolio" the loan (keep the note in house) and therefore have their own set of guidelines to get you qualified and set-up a construction/equity loan as well.Try that step first, as their rates would be much more favorable than a HML. 

I haven't gotten pre-qualified yet, but I know my FICO is 580+ I plan on using FHA financing to acquire this property, rehab, season for 6 months, refi, and repeat. 

An investor I know was liquidating a lot of his holdings since he's trying to retire soon, so I convinced him to sell me a property on land contract because I wasn't going to qualify for a traditional loan, and I only had a little bit of money saved up to work with. 

If your credit scores are over 700 you may qualify for unsecured lines of credit for up to 200k.

Most agents here won't even show properties until you are qualified for a loan.

All this positive cash flow and I feel like I barely qualified...

We finance up to 10 properties for a borrower, and you can use your rental income on existing properties to help qualify for more properties.

If something you can't pass up comes along, you've got $200k liquid with the click of a mouse and are ready to jump on it right damn now, and you weren't paying interest on that $200k in the interim for no reason (ok you could take that $75/yr and divide it by $200k and claim you were paying 0.0375%... whatever).If you think that 'something' that might come up is going to need more than $200k, get a local lender to run numbers and qualify you hitting your DTI with what the payments would be if you maxed out that $200k HELOC.

Properties are always cash flow positive and foreigners aren't as addicted to pointless consumer debt as Americans, so they don't really need a lot of qualifying income from a day job... or in theory any day job.10/10 would recommend as clients.