They don't travel in packs and those who do travel with someone else almost always want their own private bathroom and they don't want to pay very much for their space.

It may also be beneficial to seek advice from real estate professionals or financial advisors with experience in this type of situation.

You could always invest in funds like https://fundrise.com/ (allows you to invest in RE without being accredited) or https://percent.com/ (allows you to be a private money lender without all of the work) if you have money and less time. 

To wipe out capital gains, you can invest in private real estate syndications where the work is done for you, and inside those deals the sponsors can take care of doing the cost seg to offset the capital gains.

Network your butt off and find private money parters as soon as possible so you can take advantage of the deals instead of wholesaling.

As a realtor, I have to disclose I am that and I have to be super careful about "theft of equity" laws up here meaning that if someone comes to me for my professional opinion because they are not sure if they are going to list it or not, I can't really just offer to buy it.

@Abby Flynna few random thoughts-definitely stay local (for now) - you have a lot of great markets within a couple hours of where you are-it's very difficult to 'start' with a flip - flips take capital and you're going up against all the professional flippers who flip as a business-go to all the local REIA meetings within a 1-2 hour radius - find the ones you like - go to those regularly-call lenders and discuss loan options. 

I'd like to hear from anyone who has used Seabury Investments LLC as a private money lender, both positive and negative experiences.

In cases where I rent a room I just rely on checking they have a professional health care license and a job in the area but that is only because the roommate is my son.  

How about this: TX trust -> Wyoming LLC(with a professional registered agent).Trust is generally preferred by lenders over LLCs.If OP gets sued for personal reasons, the plaintiff would not be able to discover his property even if they searched every state.