We’ve also done plenty of flips over the years, so we’re always happy to connect with fellow investors looking to grow their portfolios.Putnam County is a great market with some solid opportunities.

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

Are they using market rates for their labor, or are they only counting $20 an hour when a professional would charge $45?

I find it strange that no one has if it's allowed, but if you are first to market, you are essentially the guinea pig.

If you do not qualify, you would then look into if you would qualify with renting your departing residence. 75% of the lease will be used to offset that departing residence mortgage. as you mentioned the timing of renting the place can absolutely be tricky so you would hope you do not have to do this.Finally, and I guess would be sorta of a trick, but we do bridge loans on occasion in this case IF you can qualify once you get the property rented at market value even if debt to income ratio is too high before it is rented.

Even at 30%, that's still 15,000 potential prospects.What you want to focus on is a competitive market rent.

You were not afforded a reasonable (in most states, 30 days) amount of notice to re-market your property. 

Determine a suitable market, type of home, and satisfactory set of financial conditions for your purchase.

I own one rental house in Cypress, but with the current market I have not been able to find another existing single family home to buy that looks like a good investment. 

I don't think there is a market for that personally. land development is done on a very local basis and isn't a service many CRE brokers use.