***here's the question*** Sooo, in my situation if I were to try to do most of the rehab myself(not very e-myth'ish of me...but for more of the hands on "experience") knowing it will take extra time, in your opinion is the 70% rule safe for $150-225k priced SFR(assuming it's a good property) for a live in flip,  in a possible plateau'ing (or worse) market?     

@Carolina E.

2571 E Montlake Pl E, Seattle, WA 98112https://www.zillow.com/homedetails/2571-E-Montlake-Pl-E-Seattle-WA-98112/49101802_zpid/

I just know there are meetings in the big (and small ) hotel and casino chains on how to profit and stop the little guy who has become a nuisance.  

@Josh E.

In this case, I guess AirBnB or VRBO and they will wire the money to the owner directly.If anything happens to the property, who will come to the site and deal with the issue.If something breaks, who will be responsible for the damage.For taxation, it sounds like your investors file Schedule E for their tax returns.

@Christian E Ball - When you are in a tight market, you need to get creative with your marketing to potential sellers. 

Take a look at Schedule E of the tax return. 

To come on here and ask is just like going to the casino and letting all ride on black or red.

But I do love driving my Jaguar E-Pace...fun to drive but I wouldn't buy it.