We use a rental insurance product to insure tenants so we do not have to mark up the house price.  

Sasu at length he can attest to.The loan that you are speaking of is a 90 day short term hard money product that allows an investor to purchase a property very quickly and bring the property up to conventional standards thus allowing the ability to refinance into a long term conventional product which otherwise wouldn't always be possible. 

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

You may not 1031 into a REIT however there is a product similar to a TIC called a DST (Delaware Statutory Trust) that qualifies for 1031 treatment.  

When you get into the world of commercial loans, most banks nowadays are requiring you to open a checking account when they finance a property for you, so you'd end up opening a checking account at each financial institution that provides you with a commercial loan (i.e.

., you should have no problem securing an 80% LTV on a personal residence and would likely be eligible insured mortgage products (up to 95 - 97% LTV) as others indicated.If you are trying to purchase before you move, does your wife have family who would be able/willing to act as a guarantor on a mortgage?

I've spoken with various people on the matter and the price can range anywhere from $125 - $215 per square foot which means complete with demolishing to finished product. 

I think I will be more productive by just focusing on one thing at a time until I get more experience.

Lizzie is right - check out local banks in the area around Denver and the Greenwood Village areas and tell them you are hoping to use the Home Possible 5% down conventional product!

Keep in mind most of the markets in the USA you are getting lower end product.