New investors can go at there own pace, build relationships, and get better deals on materials and labor. 

It sounds like you're saying to think longer term, to let things develop.

You might be better off financing this with a short term fix and flip loan.

with todays rates one could get7 to 10% interest on that long term and then defer your Cap gains over a course of years.

Seller consents to give Buyer the right to post the property on any websites, including but not limited to the Multiple Listing Service, for the purposes of pre-marketing the property or to gauge the interest of financial partners, contractors, or assignees from Buyer’s network."

This is easier to achieve for short term rentals, and a bit tougher for long term rentals - but I've been getting close for LTRs as of late (closer to 7-8% for LTRs).

Primarily when downsizing they question your occupancy intent (Claiming primary residence on a fixer upper for favorable LTV terms, with intent to convert to an investment in the short term) but everything can be worked out with proper documentation.

We used traditional residential financing and are prohibited by the terms of our mortgage from moving the properties into an LLC.

Everything here is a trade off and if you're interested in long term planning, it's best to ensure you fully understand how it all works before jumping in.

I understand Craigslist is one of them, but could you specify what terms or categories you search for to find these opportunities?