Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.

That said these youth need to live somewhere and this could prove a great revenue source for you. 

For example, places like Illinois and Oklahoma have specific rules requiring a real estate license for certain types of marketing.This specifically for flipping land using Transactional Funding.If you’ve done this before, what states have you found to be friendly toward this approach?

To do this, you'll need other sources of income that are tax "preferred".

And I hear you on not doing the work yourself again, time is just as valuable as money in this business.I like how you sourced this deal through networking instead of waiting for the MLS.

If you have specific questions about property management, I'll be happy to help!

What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

.: There are sources to obtain the financing you want to buy more property.

I'm particularly interested in what tactics people have implemented for sourcing quality deals (not the I need 100% financing bs)Would you:1.

You can target lists through a multiple list source sites, skip trace those lists, then market to those buyers through cold calling, SMS campaigns, direct mailers, and/or door knocking; amongst other routes.