I know I can get multiple different answers to this question but how fast is too fast in buying into  buy and hold investing?

Moreover, I have a number of Hispanic clients who have bought multiple properties from me and send their friends once they have. 

I think option 2 has greater potential for building equity as I would have multiple properties paying for themselves while producing a profit.

You may even want to do a series LLC or multiple LLCs so you can keep the rental business outside of the flipping business.

While alot of Realtor hate the practice, I put in multiple bids to take the property off market, then have an inspection as well as a financial out if my due diligence does not meet my expectations or I negotiate a better deal on the other property. 

Before I get started, am looking for advice on any pitfalls to consider before I engage in a zoning discussion with Regional Building. 

To control risk, I want to put down at least 20% on my first property.Should I do multiple cash out refinances of my own home for each deal?

I know typically speaking FHA or VA doesn't do one loan for multiple parcels.I have heard that if it is on the same deed then FHA deal can be done?

I know its one of those questions with multiple answers but i haven't had much luck finding at least one serious investor.Thanks,Chris 

I have handled a similar scenario through a JV agreement.Your friend can be a "consultant"/contractor you engage, and upon sale of the property he gets paid back $X (which includes his capital and profit%) and you 1099 him.Consult with your CPA.