An assistant can do most everything that you need done and they work directly for you rather than a property management company that has several clients and you’re just one of them.Also, again, depending on the location of your properties, have you considered doing a lease with the option to buy?  

Too bad that BiggerPockets does not offer an LOL reaction. 

When making offers I want to utilize the standard 70%-ARV-Profit formula.

Would a DSCR loan be a better option than a hard money loan for this project?

I don’t see where a rental would make sense, so I’m trying to look at other options to cover the monthly payments until the market goes back up.  

For an auction.com purchase in Washington you have 2 options. 

For real estate investors and developers exploring Carlsbad, SB-423 offers a streamlined pathway for multi-unit housing projects.

They look to have some success with taking deals full-cycle and currently have a sun belt multi-property offering that I'm researching.

If you adhere strictly to the laws, you will be limited in the services you can offer to your relative compared to what they would get if they listed their property with a licensed agent, and they will get less money for their property working with you than if they hired an agent.

You might have other options to explore to drum up liquidity (HELOC, Margin Loan, Policy Loan, etc) that can supplement your HYSA in the DP.