After you understand RE investing, pick one strategy and focus on that.

My understanding is you have no response necessary, it’s just to inform you of the redemption.

Investors love working with her because she's very insightful, but also really understands your goals, and does not waste your time showing homes that don't fit your criteria.

There are so many details behind the general explanation that just comes to you naturally as you research and get to understand it.You can start by using the search bar at the top of the BP website and type in a keyword like "BRRR" or "BRRRR" (sometimes they use 3 Rs, and sometimes 4 Rs).

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.