Basically, you are being paid for a job.Or you can hire a PM (be more passive) and have income after expenses (PM, utilities, furnishing costs, etc) that is comparable to LTR income.   

Both Democrat and Republican presidential candidates have found common ground in the idea of using federally owned lands to address the U.S. housing shortage.

Larger checks often want longer track records.  2014 founding doesn't cut it when these same investors have access to groups with 1998 founded companies, with more deals and similarly consistent returns.Co-investment: Larger checks often do require significant co-investment.  10% of equity is common.  

first thing one should do is figure out if they quality the 2  in  5 tax treatment and if the home has appreciated a ton like 250 to 500k which is very common in coastal markets and Denver for instance.. selling would be far smarter than renting. pocket the tax free and find another rental. turning it into a rental you lose that one time tax treatment which in my mind is the very best for real estate. 

Make sure you have your contracts reviewed by a real estate attorney to avoid any pitfalls.Step 3: Utilize Business CreditWhile building personal credit is a must, consider establishing business credit simultaneously.

My question is, if this is not the best market to utilize that strategy, what strategies are you finding the most succuss with?   

It's common when you do these water payments that a few will pay the rent but not the water bill in protest.   

Therefore if you purchase in say September, your current years tax bill will be based on the current years value which may be even lower than what you can achieve with the exemption and on investments the value will be updated according to your ATI and will not be reassessed by the county for five years as well as once it is, the increase is capped to a 15% increase in value which is not common and can be appealed which is less often than many other states.Yes, the effective tax rate comes out to a difference of say 0.5% on personal residence to 3.0% on investments, but I would say handling it the right way up front and budgeting for it in your analysis is better than risking it another way.

I was able to get interested buyers (investors) under contract, but a couple ended up backing out either due to the appraisal contingency, inspection, or lack of funds which are all common reasons.

But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more.