I was in for 6 years, got a great home becuase of W2 income, saved a lot, and now made a transition to being a realtor and investor myself.

A lot of people buy second homes and transition them into full time rentals. 

I'd charge 10% of the total cost of the job (labor and material) to make sure everything went smoothly.

I am curious how smooth the process will be when you are ready to withdrawal.

Parents paid cash at closing and I pay them back a mortgage each month (they wanted the interest income and I liked the smooth closing).

Use this to mitigate risks.Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

I am in the final stages of making my transition from W2 employment to becoming a full-time real estate investor and agent.

If you refi as owner occ to get out of FHA to conventional, the 12 month occupancy clock restarts.This may affect your timeline.Regardless, hope this deal ends up going smoothly and looking forward to hearing more about your journey! 

I will be helping her manage it while there but we’ll transition to a property manager.I want her to be in a B+ neighborhood where she’ll be safe. 

I was able to do this for a 5% fee, so my effective interest rate was 5% which is better than most commercial loan rates (at the time) and would cover 100% of the loan to cost (LTC).Use the liquidated cash to purchase the propertyGet it rented out and cash flowing Use a cash out refinance to transition into long term debt and pay down the credit cards, with down payment being paid down by the extra cash flow until the cards were paid off.