I feel as though if we entertained the idea of flipping ourselves, it would fast forward our process of building our business.

My recommendation is that you only rent to three or more unrelated adults IF each one of them meets a higher standard.

Since she is keeping the house and has had the benefit of using it for her adult children to live in for the last 10 years (rent FREE). 

Just because the seller is quoting rent prices doesn't mean it's being collected and that the  "tenant entertainment" hasn't been a costly offset. 

I would also entertain moving current tenants around to recently renovated units so they don't end up paying market rent for under market conditions.For financing, I would like to pursue the house hacking method in order to get a low down payment loan for building 1 and renovate the unit while I'm in it. 

With all my goals, requirements, and limiting factors i have decided on two routes to entertain. 

Billiard room and kitchenette in basement with outdoor access make it easy to entertain guests.

Do you see any possible advantages to one approach over the other (networking with other agents and buyers), or would they likely both end up the same and self-study just gets me there quicker and cheaper.One of the reasons I began entertaining the idea is that I was contemplating starting off as a wholesaler while I build the cash to do my own deals and thought it might be a good way to build a network of buyers.

First, all adults who live in the property should be on the lease.

Now, when you're leasing get the parents to co-sign the lease (almost should be a must) that way if the student trashes your unit the parents are on the hook, or if they skip town or don't pay you can hit up moms and pops. then you might want to set aside more for maintenance and stuff, kids are just harder on things than adults.