Identify your ideal properties and establish a trustworthy team to assist in executing successful flips.

I've already hired a full-service management team who will provide turn-key management. 

We’ve allowed deferred payments almost since we started lending, @James Blair.  

Minneapolis has an ordinance which will allow rent control to be implemented in the future, but as of now the mayor does not support it so that should hold off for a couple years.

Las Vegas is another city that doesn't really allow STR anymore, so another city might be a best option.

I realize that buying more properties would allow for greater equity appreciation, but I also need to maintain awareness that buying more properties will also necessitate more time on my part. 

Consider arriving early if the auction allows potential buyers to walk through the home first.

Hey Griffin, I would start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

Allowing you to only pay the tax in the years in which you receive the funds.

There was talk of eventually allowing investors to independently sell their shares, but I haven't heard anything about that lately.