It's just (most likely) going to have to be at a substantially reduced priced.

Until you talk to them, it's just pie in the sky and you are likely wasting energy.

so you have three choices:(1) buy a non-owner occupied property and rent it out (you'll continue living where you are now or somewhere else) (2) buy a multi-fam and live in one unit, rent out the other(s) (3) buy an owner occupied (OO) property and rent out a bedroom do the math on each - with an OO you may qualify for an FHA insured mortgage which should allow for a reduced down payment (perhaps as low as 5%, sometimes lower).

I may lose $100/month because I didn't include fridges, but consider the cost of just a single eviction, and it's worth it to substantively reduce the odds of dealing with that.Kind of an interesting minority opinion, eh?

They seem to think it's too hard/time consuming for me but I'm younger and have way more energy and time to dedicate to this. 

@Fred,Your LLC could sponsor a Solo 401k.This would allow you to take income you generate from flipping personally with your LLC and make new contributions to the Solo 401k, thereby reducing taxes on your personal flipping LLC.The Solo 401k could accept a rollover from your current IRA and/or the other IRA you mentioned you have.  

@Tea MarieInteresting question because the pre-tax 401k contributions reduce your annual taxable income. 

I really like the positive energy u guys are bringing and the different ways to deal with things.

I understand that a larger initial down payment would reduce the monthly mortgage costs, but that just means I forgo more cash upfront which still factors into cash flow.

Asbestos siding to reduce fires and damage and lead paint to be longer lasting:-(