With flip loans, experience is key.

We have only 2 criteria for the order we process applications: 1) nearest move in to the date unit is available to be rented 2) order that the completed applications are received.If we had a unit for rent that would be rent ready Jan 15 and have multiple applications, the application processed first is the one who can move in the fewest days after Jan 15.  

The key is not the number of properties.

Any tips on finding qualified (key word) borrowers in my local area?

The flood insurance factor was definitely a key consideration for me.

As big as you are, you should consider moving the properties into multiple LLCs (my personal rule is no more than $1M in single familys in one LLC, but this may need to be higher in your area). 

The Section 8 move in phase of your rentals is critical. 

The key is knowing how to navigate them:🔹 Finding the Right Deals – The best distressed properties aren’t always the ones sitting on the market.

In the second you have two tenants with 3600/mo rents and lower costs, if one moves you still have 50% revenue coming in diversified across two properties.

I'm thinking of moving it to MTR, but am unsure how to know if that will work in that area.