They typically involve a requirement of a specific minimum credit score, maximum income, maximum purchase price, maximum debt to income ratio, and a requirement to take homebuyer class. 

Find your clean-out plugs for main drain ahead of time to possibly save headaches.6.

I am mainly looking for the cash flow game in long-term rentals but also have been looking and BRRR strategy recently as it seems to be the best way to get the best cash flow or possible just flip it to capture the gains more quickly.  

I do however have the experience (25+ years) in design, architecture and construction AND i have over 500K in equity in my home (which is a 2 family)I would like to pull some money out of the home / borrow against the equity but again the banks will be concerned with the debt ratio’s. 

@Chad Urbshott As I assume you know, any outstanding HOA debt, whether a lien has been filed or not, becomes the responsibility of a third party buyer at a mtg foreclosure auction. 

This type of loan is very popular with the private equity debt funds.

If you have significant personal debt you are over the line. 

I'm just about to start my first house hack duplex rehab project here are ideas I'm considering:-high efficiency toilet system-ceiling fans in bedrooms and main rooms-electronic keypad door locks-programmable thermostat-programmable electric bathroom baseboard heater

I am majoring in Industrial Engineering and plan to go into consulting for a few years upon graduating while I pay down my student debt.

3) Any halfway decent contractor is going to recognize that you are an investor and realize that you are leveraged to your throat in debt.