@Amber Spence It'll be a good idea if you could find and lock in a good deal in the Jupiter area, 7 months ago I was in the market to purchase my primary residence and I could not find anything on the MLS, in the instant they would come on there were multiple and cash offers on them.

@Cory Baker I use Docusign for instant signatures.  

HELOC is at a higher rate, but you aren't instantly paying for it and you can use/pay/use all you'd like.

If you are looking for instant returns then I would go turnkey,but if you want good equity and have a lower price entry (below market value) then I would do BRRRR.

Once a house is listed for auction in the paper or on the auctioneer's website, the homeowner will get a flurry of solicitations from flippers and [gulp] wholesalers almost instantly.

In my simple mind, the process can be: 1) Build instant equity via Rehab2) Airbnb it for a 1-2 years to establish above average rental cash flow track record3) Recoup significant part of your rehab cost via rentals4) Sell at marginal premium to investors looking for Turnkey rentals given it's proven higher cash flow Repeat process via 1031Over time, with 3-4 properties always in various stages of the process, I should be able to book decent cash flow as well as flipping profits - without becoming a Airbnb maven with significant landlord responsibilities. 

You instantly jumped to 15 properties, which sounds good, makes sense, but you're also assuming that you have a constant cost-of-capital.  

You can make usually 3 pay days on these if you work them right.

We basically made an offer for 5-7 years of them financing the entire thing and gave them several reasons this would benefit them, mainly a better financial return in the long run and instant sale. 

I'd put another 20% into a  hard money loans fund like Broadmark ( instant  diversification into hundreds of notes,  quarterly redemptions after a one-year lock up).