If he isn’t able to meet those, you may want to work with someone else.

My husband would get a salary (a contractor still gets paid during a flip - whether it’s him or someone else).

That might sound boring, but having someone to keep you on the right track and even keep you accountable is important!

But I will say that it wouldn't make sense to move out into a SFH if you're going to be cash-flow negative, you don't want to be paying for someone else to live in your property.

How do I go about contacting someone to see the house and possibly make an offer?

If an expert doesn’t weigh in and you aren’t excited about paying someone else to list it I would certainly get an official opinion by your CPA but even that isn’t a guarantee.

Generally a church in the neighborhood is a willing donee because they can use sweat equity and donated materials to make the property habitable again and either sell it or rent at below-market rents to someone in the church who needs that assistance.

You basically fill it with dirt and cheap soil and then plant all on top so someone can have a garden or nice option there.

In Washington state right off the I 5 corridor .. my land partner got into contract for 65k ( infill lot that could handle a duplex or two units) put it on the MLS ( which is how you get top dollar) sold in 3 days multiple offers for 110k netted us 100k so 35k net profit .. which I have a formula to split with the acquisition partner. ( PS its always more to them than me) but bottom line if you can fill your pipeline its easily a low 6 figure to mid to high 6 figure when you have a capital partner like myself.. or someone else.. does take a fair amount of capital though usually 500k to 1 mil in cash to make that kind of money so thats where we come in.

You get someone else to pay all or part of your housing expense for the immediate future.