The fun (and sometimes tricky) part is figuring out how to structure everything so you keep more of what you earn while you grow.

Would it be better to buy cheap somewhere else, rent it out for a few years, then sell it (or keep it) but use that earned income to buy a more desirable location for our summer home?

It's likely you won't get all your money out in order to maintain cashflow, DSCR, but you'll be earning equity and have probably saved enough for the next one by the time the first is finished. 

What do you spend per month, and how much do the properties earn net per month? 

Once I got a taste of what it felt like to earn money with my own two hands, I couldn’t stop.

They are built to support agents who work remotely and across different specialties.Structure: They often have a cap system, where you pay a percentage of your commission until you hit a certain cap for the year, after which you earn 100%.

These can come pre-leased with property management in place, so you start earning income immediately without the day-to-day hassle.Keep learning: BiggerPockets resources are gold, but also consider local meetups or online masterminds where you can ask questions about specific markets and strategies.You’re off to a strong start!

I know probably most you chiming in is a loan broker and all are competing for chance to earn my business if I let you go out and search for the best rate for me.I would like to know from lenders their prerequisites for a DSCR loan?

It saves me commission on my own buys, gives first shot at MLS deals, and I earn easy referral fees on leads I don’t work.

The reason is that flipping is earned income subject to FICA (social security tax {14%]) With an S Corp some of your income can be a salary subject to the FICA tax and some can be a "Dividend" which is NOT subject to FICA tax.I think @Ryan Coon has said some things that might be misleading.