I wonder if there is any data on how many homes are currently sitting vacant and in need of rehab to help offset that housing shortage! 

Hello Kushaal, Are you currently with your Broker who is MLS only?

I am currently living out of state so I have hired a property management company to handle this task, however, my home is still sitting vacant with very few prospective tenants.

We currently still have the AK condo rented out and have bought a house in Phoenix that we are currently are fixing up. 

I have no doubt that I would learn any new avenues quickly considering my current experience, but I would still be taking a step backwards for the time being.

Per our zoning attorney "all that matters is your rights and limitations under the current zoning".

My current preference is the first option as I’d like to minimize our oversight, but any perspectives on this matter?

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

Quote from @Dan Farsht: I am looking to connect with other hard money lenders in the upper Midwest (our business is currently concentrated in the Greater Milwaukee Area). 

Do you know what you are doing based on actual practical hands on experience?