Mitch is spot on in terms of getting a realistic repair estimate (and don't forget to add a contingency because no matter how much experience you have there will always be something that comes up unexpected and adds time and cost) is key. 

From what I was told by a Chase lender, most institutions use the same underwriters, who implement this 2 year requirement.I understand that private lending could be an option, however, I'm not sure who would lend to me with favorable terms based on my lack of real estate experience.

Hell if you like airbnb, then this should be right up your ally because it's a short term rental with a 70% occupancy rate without the hassle, bad reviews, host expenses etc.

Our drive is towards wholesaling and investing in flips and long-term rentals! 

My wife and I are leaning toward renting because of the long term cash flow opportunities as opposed to the immediate cash profit.

I wouldn't be a broker, you're already too broad in terms of asset classes.

It's a lower price point for you to get in as an investor and we can generally find a place where the numbers work on long term rentals.

You can't find 2% anywhere on long term rent but to get that in CA with CA appreciation is massive.

Hi Paul, I will invest in small multi-family rental properties, primarily focusing on buying and holding long-term.

Now, I have a portfolio of Short Term Rentals and Long Term Rentals.I've also helped other investors with their DSCR loans and flip projects.