Live in brrr or live in flip? (Freeing my wife from the rat race)

[Kelly Potes]

Aloha from Hawaii,

Trying to free my wife from her current job so we can work our way to be full time investors.

We currently own a sfh with a monthly mortgage of $2900 and a balance of $570,000 @3.2%

To cut down monthly expenses, we want to rent out our current home, as we look for a cheaper (future brrrr/flip) home to move into. 

Any insight on:

Process, type of lending, how to acquire a deal, etc. would be greatly appreciated.

Thank you,

Kelly