You could also combine strategies and do a value-add to each property as you go, forcing appreciation and building equity quicker that way while also learning about construction. 

Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 

Our first two projects were conservative by choice and combined yielded in excess of mid six figure return. 

His & my verbal conditions were he move in and we'd take care of bills combined while I took care of the mortgage for the year, then I'd refinance.

I like Bhargav's suggestion, maybe using a combination of leverage and cash if you have $1 million. 

Take a hike with that crap is what any legitimate PM company will tell you.

DSCR portfolio loan that can combine SFH’s within a city and some potential rural SFH’s.

And also know that if you make more than $200-250,000 in combined investment income in a year there is a 3.8% Medicare surcharge on top of that 22% or whatever percentage.Best advice - start with a very cosmetic flip.  

It sounds like REsimpli has a lot of value and combines a lot of features so I don’t need to pay for subscriptions to 10 different platforms (and invest a ton of time learning their systems only to discover a better option and start the process over again).

By leveraging our combined experience and Seth's market insights, we were able to secure the deal at a price that allowed room for renovations and a profitable resale, ensuring a successful investment.