No one is living in the property, if it goes under contract, no one is packing the bags, calling furniture movers, setting up storage arrangements, they aren't out with another agent looking for a place to rent, taking off from work,  they probably won't put a contract on another house, with a down payment and earnest money subject to the closing on their empty house.

Thank you very muchRussell The use of LLCs would be more for asset protection than for taxes, but if you plan this stuff appropriately your entity structure should streamline your strategy. 

These are the places you will learn the business and learn who the movers and shakers are in your area.The best REIA I know of in your area is Metrolina REIA.

New construction can bring 250k+ a sqft.Example of a move job the mover will give me 7k for a house that he will move to land out in the county rehab and sell for 150k good deal for him.  

. - PLACE INDUSTRIAL AIR MOVERS THAT MOVE A TREMENDOUS AMOUNT OF AIR TO SPEED THE DRYING PROCESS.4.

@Joe GoreI think you have been gone a little too long from Memphis as you dont know the movers and shakers in our market anymore. 

Apple and Google are just the first movers, I expect a ton of other companies will follow suit.

@Blaine Alger The process remains the same, however, the bigger companies have more resources at hand and generally have much more experience so they have a more streamlined process.

I am however a little confused about the difference between standard and streamlined 203K options, and when you can and cannot occupy the residence.I haven't ruled your suggestions out, but as I mentioned to David above, I am concerned the types of moderately (or worse) distressed properties I am looking for will be tough to qualify for a standard FHA loan. 

Still adding to my tool set so I can streamline the process.