I don't have to worry about a high debt to income ratio as this will be my first purchase, I have zero debt, and my wife and I have good W2 income.Since the interest rate on a mortgage can have a big impact on cash flow, I figured shopping around for different quotes would be prudent.

But the bank says I'm to close with my numbers bc they don't see the rents as income till the 1 year mark.

I think this is partly due to property taxes that are higher in Texas due to lack of an income tax.  

So just in case i'm denied (They mentioned my income to debt ratio is pretty tight) I can have a back plan with a hard money lender.

On another note, house flipping with a Solo 401k can be considered an active business, and the Unrelated Business Income Tax (UBIT) will apply.

My DTI is not good enough right now for a bank because my rental income from my first deal earlier this year is too new to account for.  

Anybody in Canada doing  Small Business of e-waste How do I make Money categorize it separately from Sales Income?

Holy smokes, this article/video should convince you pretty well that you shouldn't let your "passive income source" be too passive.Not everything should be delegated. 

I would love your advice on the best meetups for a newbie like myself, who is looking to invest in a property to flip at first (to gain a cash base) to later be able to own multiple rental properties to accumulate passive income and grow equity.I appreciate the help in advance!

@Chris Marshall Rentals will provide passive income, which is the true path to wealth.