@Dave Metskerundefined  This was my original angle and seemed the most straight forward.

@Sean PriceWell since your licensed I think you just follow the rules of your states Department of RE.your entitled to a commission.. just market for these homes secure your listing and sell them and make commission like everyone else in the business.. use that cash to roll into your goal of rentals. seems pretty straight forward.

Please let me know if I have the right idea, or if I should try a different path.

It seems to be a desirable path, especially with long-term loan rates being 3-4%, and with the inflation of the dollar it seems like a good idea to take on fixed, manageable debt..Anyway, I have about $15k in cash saved and would like to travel and look up different cities that seem to have a healthy pulse to them, currently looking at Indianapolis as an example.

I believe it is the path for my retirement

I'm a newbie too and this is an exciting new path!

If we just "sell cash flow", that seems like a fairly straight forward idea that the transaction is not secured by real property and thus is not exempt.  

Absolutely not.Everything else being equal, I would choose a straightforward rehab over major foundation/mold issue, but I wouldn't stay away from any type of rehab project.

The path there for you would be to contact the credit bureau and simply send in proof of active duty and ask that any derogative credit lines be removed.  

As Mark stated above, proving 2 years of income is essential and write offs (as necessary and tempting as they can be) can place some serious road blocks on your path to home ownership.