Every job I see requires 3+ years of experience and knowledge of multiple different programs.

While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?

A deposit on that site is required to bid.

Managing self-employment income requires tracking eligible deductions like business expenses, home office use, and retirement contributions.

The other property is a cottage built in the mid 70s and requires significant electrical/plumbing work to bring up to code.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

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?

And this might indeed require some time to pass before doing that.You could still create a single member LLC with either you or your wife as member. 

@Eric Smith A 1031 exchange with a related party is possible but comes with strict IRS scrutiny and holding period requirements.

The stabilized properties operate fine without me but the development side of the business requires me 24/7.