If you choose to "House Hack": with your partner, get an FHA203k (3.5% down payment, with renovation money included), ask for the maximum amount of "seller concessions" (state depending) and purchase the property.

What were your maintenance costs for the past year, to include replacing broken furniture, dishes, etc?

Like most things in life, it's a double edge sword.Buyers benefits include being able to negotiate terms, lower down payment, not having to qualify for a loan with a bank (if you have issues preventing approval).  

We now have 8 meetings per month, with meeting locations across the Tampa Bay area, including 3 here in Tampa. 

More cash out of pocket, more eggs in one basket scenario and slower process to buy a second property, eventually (this includes moving out of my coop with which I have a love/hate relationship)Sell my current coop, buy a duplex with less TLC needed in my preferred neighborhood, move into the property for an unlimited amount of years, qualify for an FHA loan and use the extra cash to continue saving to purchase a second property in 1 year or 2?

When I moved to my new home last February, there were some things that got dinged, including the custom built spiral staircase.The moving company repaired the things they could and send a contractor for the rest.I'd just ask them how they intend to make it right.  

LENDER REQUIRED REPAIRS AND TREATMENTS: Unless otherwise agreed in writing, neither party is obligated to pay for lender required repairs, which includes treatment for wood destroying insects.

Are you saying you ran the numbers and including reno and expenses and holding costs until complete it would cash flow?

I would like to get your opinion on how to structure our specific scenario: we plan to purchase property with cash (using private $), my fiancé will live in it during the flip (~ 8 mos), then we would like to keep the property as a rental, but pull as much cash out as possible to pay her Dad back including his profit.

I'd like to include a Personal Financial Statement, and was wondering if anyone had any good examples.