I also have a rehbbed house under contract to sell. 

Seller's response: He said, "Yes, I have heard of a land contract, but I’m kind of hesitant because I know some locals who land contracted their assets and ended up with a distressed property after a few years.

If they treat you poorly in the sales process, they will treat you poorly when your locked in a 1 year contract.

Getting a General Contractor (GC) license can be a smart move, but it depends on your priorities as a flipper.

I agree - it's a smart way to get into real estate—especially if you want to save on living costs and start building wealth.

@Erika Shiu House hacking with an STR is a smart strategy but ensures financial viability since your mortgage is over 50% of take-home pay.

🧐Finally under contract on your dream home, yes!

well a great and wicked-smart consolidation would look something like get them all borrowing and high leverage, via getting the middle-man to sell your "crack" and for logistical ease, when time comes, do it in a way where your taking over masses by taking over the few "crack-dealers of finance".     

Therefore your contract needs to adjusted accordingly. 

You really want to have your contract approved by an attorney even though California doesn't use attorneys for transactions.