I would prefer to traditionally finance (commercial loan) but this may not be an option given current debt to income.

Typically this builder prefers not to list the homes until carpet is in. 

Once you have obtained a Trailing 12 month P&L statement and rent roll, a mortgage broker can "shop" the deal through multiple lenders, although Freddie mac and Fannie mae are the preferred option for most multifamily investors in my experience. 

Nothing wrong with a two-story but the preference would be a single level to be more rentable.You may want to improve the property while you live there also, do so cautiously and with the intention of making it a better rental property.

I have done both, and I much prefer having a manager.

Preferably just find a house without a HOA.

Preferably 3/2 or something more-We plan on being in the Bay for a minimum 5 years, potentially more but want to hedge against future risk and come into buying with an investors mindset.

We are looking to get into the business of buy and hold (maybe BRRR) with a focus on cash flow assets, preferably in markets like Cleveland, Kansas City, Indy etc.Now come the problems/obstacles J1) We plan to set up a corporation (not LLC) for the businesss, since there are major tax implications if we were to form a LCC.

I figured this is the best way to provide value to those who may be running low on time/energy.Need to find & analyze deals - let me know how you prefer this task accomplished and I will start doing it.Need to rehab a property - I've got capable hands that are here to help.All in all, I want to provide value in return for hands-on experience.

I'm not losing anything if I get $800, but I'd have to pull back my construction budget some which I'd prefer not to do.