Can he/they substantially decrease their cost of living and/ or increase their quality of life by using the 100k to juice such a change?

They are really low-hanging fruit in the grand scheme of things.

Flipping is a ton of work, so it would be nice to diversify some, while still making the juice worth the squeeze.

I don't see anything alarming in your story so just sit back and enjoy the fruits of rental property investing.

So many fruit trees, pecan trees and just seclusion, even though in downtown Gravette.

What sweet smelling fruit is attracting them?

You know you want to be in real estate because it's a smart move, but your time constraints don't allow it.2 low hanging fruits that stick out: 1 - investing in a house hack scenario so you can immediately start building equity instead of renting 2 - investing through real estate funds and syndications.

You may need to invest more capital to stabilize this property and bear the fruits of your labor over a longer timeline.Since you are operating and may sell at a loss (transaction costs add to your basis), I am not sure what short-term gains you are worrying about being taxed upon. 

I started exactly how I am stating, and flipped a contract for 20k in 3 weeks, that got my juices going.

I am interested in real estate from a tech innovation perspective and interested contacts to industry experts who are open minded on Applications within the Metaverse as i see an interesting sweetspot - Looking forward to fruitful exchanges.Cheers,STEVE