In that case, would the renting process be a bridge to help you retain the home for future personal use? 

We have sold a few properties and experiencing this process from the seller's side double underlined that for me. 

not sure if you are familiar with basketball but it is alot like the spurs offense. meaning the system works if you trust the process. my uncle has everything set up. contractors, know how, experience, tenant screening. management. so i will integrate into his system and learn it to replicate it like Steve Kerr did for the WarriorsYes, I am - The Big Fundamental was a great power forward!

I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. 

Obtain the necessary insurance as well to guard against any hazards or damages that may arise throughout the renovation process.6.

This would be an easy decision however I do not think you can come close even with you being active in the process.  

I’m in the process of opening an LLC to get things started and exploring the best approach to enter the market.

It can be discouraging for newcomers.Solution: Develop resilience and learn to view rejection as part of the process.

Any advice or insights into the process would be greatly appreciated. 

Also your permitting process, type or land, grade of land, if underpinning is required will all play a factor into your cost.