Consider getting a real estate license and joining a company that focuses on working with investors.

That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.

Hey BPer'sI am trying to understand the legal aspect of security deposits as it pertains to a trust account in North Carolina. 

There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.

However, there are small parts of "Clearwater" that are unincorporated and therefore legal for 1 night stays, opening the door for successful operations. 

For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).

I'm an investor and property manager company owner. 

If you are going to have a company manage your property, I would recommend you find someone that is local. 

@Mark DiPietro how about his company, The Lion Group Int?

I'm a CT based investor, flipper and property management company owner.