I understand that with an FHA loan the property must be your primary residence for a year.

@Ratna Eluri While saving money, you'll want to also make sure you're building a relationship with a loan officer who understands your goals. 

I understand the market, construction, and what it takes to flip a house.

I understand your concern about taxes, but on a flip, you pay income taxes at your standard rate.

Vlad,As was mentioned before, do your homework to understand how the LOC works and assess your longer term goals.The LOC can be useful (I just opened one myself) to find deals.

I understand there are ways to get off the ground more efficiently and less expensively but it’s important to me to do this in a way so I learn the details in a scalable way.

@William Jenkins, I understand your personal preference but you're making some pretty broad statements that just don't jive with reality. 

You’ll hear so many different point of views and understand the topic a little more each time.Don’t hesitate to reach out to me with any questions or real estate needs.

It might benefit you to engage someone that understands real estate investing to be able to take advantage of these discounts, as well as use them to double check your work until to you grow to a point where it makes sense to outsource.

Communication and mutual understanding will keep great tenants in your properties.