You may want to explore selling the property a little earlier with your accountant. 

A project like this is probably 9 months assuming you or your GC can actually line up all the trades properly  even without using hard money and including interest holding costs monthly can easily be 600 yo 800 bucks, over 9 months that’s around 3200 to 4800  See this article on typical holding costs and how to calculate them https://www.flipperforce.com/h...

Explore your options here if it is really a great deal (which is not easy to find these days).

We currently have conventional loans on both (put 5% down), but it sounds like we will likely have to explore other routes for our next one. 

I've explored short term rental options in the palm springs area but not sure that I would want this to be my first experience in the real estate business although I do have good resources where I can hit the ground running (or so I believe).

I don't feel 30k may potentially be enough for me to cover all the rehab costs, so I am exploring ways to utilize business credit. 

If you still have some gain on a 250K single situation you can explore Opportunity Zone options since that is the only possible way I know of that you might be able to retroactively exclude gain. 

A pair of high-tech manufacturing projects that could create more than 1,600 jobs and nearly $3 billion in capital investment may be on their way to Hutto.The article notes that the company names have not publicly been disclosed yet but that negotiations were underway with Hutto's Economic Development Committee.  

wholesaling you dont know anyone I would urge you to explore either being an agent or an agent on a top producer team.. your thought of retiring on cash flow while that is pert near everyone on BP s goal it is rarely achieved in reality. 

We have a decent amount of capital and a few HELOCs available to be aggressive on offers however, we keep getting beat out by all-cash offers where we are just out of reach.With that being said, we discussed exploring the option of hard money or private lending as all of our other properties we have used our own capital and conventional loans.