LTR rates by checking out HUD/Section 8, local news, I'll google local companies hiring etc.

Should I invest these funds in a business without incurring capital gains taxes?

Gap funding from a private lender could be an option and will be expensive.

Rinse and repeat – like doing the laundry but way more profitable.So, yes, if your numbers work out perfectly, you get your initial investment back and can use it to fund the next project.

All that said...if you're not confident you can get at least 1.5x your LT rents as an MTR, I think I might go with long term but skip the management company and DIY. 

I would prefer to go with a established company (rather than an individual hustling on the side) with streamlined processes, transparent online accounting, and a long and strong track record. 

FHA 203K and FNMA Homestyle are two loan products that allow you to borrow to purchase the property and will give you an amount to fund the rehab. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Is Fund and Grow a good company?

Payments are $850I have access to VA loan with no funding fees.