And that's before factoring in competition from seasoned investors who often have the cash reserves to avoid these costs entirely—allowing them to outbid you and still make a solid profit.If you don’t have significant cash reserves or can’t find a true off-market diamond in the rough, I wouldn’t recommend flipping as your first real estate strategy in Boston.

Wyoming allows for the creation of dynasty trusts, which can last for multiple generations, often up to 100 years or more, designed to preserve family wealth across several generations without being subject to estate taxes each time the assets pass to heirs.5.

I have been using Rentredi, but allowing them to pay through cash app/venmo. 

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

On the rental agreement it should clearly state that only those listed on the lease are allowed to live in the property. 

I would first check if STRs are allowed in the areas you're considering.

This provides an excellent opportunity to purchase properties, make light renovations to increase both rental income and property value, and optimize cash flow.

This is a free reporting that most entities will need to file but there has been a TON of back and forth of if it should be allowed. 

Worst case scenario, if that doesn't work, I can simply do fertilizer applications and landscape lighting as they don't require much labor.

I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.