I see people purchasing new STR's here and others dumping their properties or converting into LTR's. 

-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I started with a house hack then purchased my own rentals/BRRRRs and now I own a successful 7-figure rental portfolio.

The property that you sell and then purchase through a 1031 Exchange must be held for rental, investment (capital appreciation), or used in a business. 

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

I was wondering if anyone knew how I can connect with or market to investors who specifically purchase land/ lots? 

Once I get a few deals under my belt and money is more abundant, I'll also purchase Seth's training.

We source and purchase all finish materials for our projects (lights/plumbing fixtures/etc). 

FHA loans require living in the home as your primary residence for 1 year after purchase.

Purchase price: $161,000 Renovating now What made you interested in investing in this type of deal?