With long term rentals (or any house aside from a flip), you are unlikely to make money off the sale of the home if you have only owned it for 2 years after you pay the realtors and other fees.

My plan is to purchase the property then demo the house and subdivide the parcel into 3 separate lots.

Are they supposed to be waiting on the guy to do something about his shoddy work while their house is literally falling apart?

So our cash-flow will be next to none in the near future.Home #2 (our current house). 

I always say if you have $15,000-$50,000 buy a house, buy a condo, learn from experience, it will be more valuable learning on the job and in the end you have a piece of real estate.   

I helped clients secure this off-market new construction house-hacking deal in Wisconsin What made you interested in investing in this type of deal?

The chances are high you will meet other house flippers that can offer insight. 

Single house?

We believe that sustainable housing is a part of sustainability as a whole and restoring once great spaces back to their former glory for others to enjoy and live. 

There are companies out there that handle everything in house from buying the property, to renovating it themselves, selling to an investor and managing themselves.