Despite its high purchase price, the neighborhood's strong market demand and low renovation needs made it a promising investment for maximizing profit with minimal turnaround time.

In other words, I want to make the argument that even the worst-case scenario is better than allowing the house to sit vacant for several years while meanwhile paying out-of-pocket for taxes, minimal heat, lawn care, etc.

Vrbo and Airbnb sync with each other for free, Vrbo has free dynamic pricing, both platforms send out enough automated messages for me.I check in on guests after they arrive to provide that small personal touch.We get consistent 5 star reviews with minimal effort.

When your tax professional prepares your 990t they will utilize the Cost Seg to minimize the UDFI tax. 

I'd minimize the risk of having negative cash flow in the first 12 months when things are the most unknown and I'd be able to increase the gross rent of the property which should give me a better loan or at least bigger margins to cover my risk for negative cash flow. 

S-Corp) to minimize taxes while maintaining compliance in Indiana and California?

If looking to scale flips and create systems around it to minimize your time and involvement, I'd highly recommend putting a team in place that can handle the day to day operations. 

Your drive to learn and network will be invaluable as you explore creative strategies that maximize returns and minimize upfront costs.Feel free to reach out, ask questions, and share experiences this community is a great resource for learning and connecting with like-minded investors.

Profitable with minimal investment Lessons learned?

Just systemize the task so you have minimal time invested but ability to get your mailing done at the cheapest rate.Side Notes:Your stuffer should be able to stuff around 200-250 per hour with a folding machineIf your using an ink jet than train your envelope stuffer to refill the ink instead of buying genuine cartridges.