I am trying to find a way to best utilize this option without using my personal capital to purchase 4 properties over the next 6 months.

Learn how to utilize a LOC to pay your current mortgage down over the next couple of years in order to gain equity in your current home.

Doing so, if any damage is caused it is actually a federal crime-With an accepted bid, you might be able to activate the utilities. 

My tenants pay for all utilities, but my rentals are all single family properties.

Whether you're a fix and flipper or landlord investor another type of real estate investor, what are the current resources you are utilizing to get your deals funded? 

We are fortunate enough to have a situation where we are living for free (minus taxes and utilities) so we wouldn't have to actually live through the flip and can wait to find the right deal.

If you have the credit score, income documents and the right DTI, I don't think you will get a better rate anywhere else.Just protect yourself and put an extension on the contract.

In a few years we would extensively remodel or tear down/rebuild.

Glad to see you are utilizing a property manager right from the get go.

If you put yourself in the rational consumer’s shoes, you would consider the total cost of each of the following housing options:A) a monthly mortgage payment + utilities + insurance + taxes on a single family home that you buyB) a monthly rental payment + utilities on a 3 bedroom single family home that you rent C) a monthly rental payment + lot rent + utilities on a 3 bedroom mobile home rental that you rent D) a monthly mortgage payment + lot rent + utilities + insurance + taxes on a 3 bedroom mobile home that you own (own the home and rent the land)A deal breaker for me is a situation where there’s <$200 spread between options A/B and C/D.