Also know that building a home seldom goes as expected - I have relatives that just built a nicer house… they thought it would take 9 months… it literally took 18-24 months between delays in permitting and the builder just not being able to get it done in a timely manner - often due to sub-contractor issues.  

So not as easy and moving every two years if you have had the properties for any length of time.

Different times, different place, different circumstances but did good on each flip at the time.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

We are in all of those markets you mentioned and can help streamline the process for you.You can also click on my website link in my bio to schedule a call! 

We have been very blessed to have a large network of private lenders that we have built over time.

Up until November, actively licensed VRD (Vacation Rental Dwellings) could transfer one time to the new owner.

I currently don’t have much capital, but I do have time.

If so- what would you rate your work effort (not afraid of work), and the time to close a first deal?

Interest income is interest income, unless you decided to roll some of the current cash into a self directed IRA at which point your interest income would be deferred for a later time and allow your funds to grow tax free.