It's a very lucrative business to start a website and drive traffic to then turn around and sell the leads to realtors or lenders.

To get those hours, maybe turn one or two into medium term rentals (you want the average stays to be over 7 days so they don't fall into STR status) which would give her more to do, particularly in the first year of furnishing them and getting everything set up.Alternatively, she maybe she could manage the properties but also get her RE license and try to sell a house or two a year - go to lots of open houses or run them for other agents?

These properties include different foreclosures and those that sell below their market value.

I have a lot in a nice community in Gouldsborough that I have not been able to sell.

In 2024, 47% failed to sell even 1 house.

Is your client building to rent, or build to sell? 

All things considered, on the market for months, its now winter time, cold weather, holidays, and dark at 5 pm, not prime selling time, I offered $250,000. 

In the assets I am considering - the seller is typically selling because they no longer have the time or energy. 

If your goal is appreciation, you'll find markets that have very little cash flow (if any), and you won't realize your return until much later down the road when cash flow catches up or you sell the property.There are probably thousands of markets to invest in.

Quote from @Anil Shah:  Short answer - if they originate a loan that they want to sell to Fannie Mae and Freddie Mac, they need to follow their guidelines.