Have you considered the tax consequences of collecting rent (from yourself) and filing the Sch-E form?

You might still owe $400/M in rent, but you get someone paying a large portion of your mortgage.You get experience with tenants, small maintenance projects, leasing, collecting rent etc. 

Cozy.coCozy does tenant screening ($40 application fee for a tenant credit report and background check) and does rent collection for free.

I honestly don't really understand why not, but whatever.So I have been just collecting rent from one property and had about 7k save up from last ~ 10-12 months.

My (old) property management company moved a family into our rental house 16 days before collecting any rent, 20 days before obtaining a signed lease and they never obtained a full security deposit.

I need to collect funds from customer up front for the build to begin or at least half up front. 

I honestly don't really understand why not, but whatever.So I have been just collecting rent from one property and had about 7k save up from last ~ 10-12 months.

My wife and I collectively gross over $150k/year, and we were recently informed by our CPA that due to our income we could not take advantage of any real estate tax write-off's as a result of Suspended Loss.

No outstanding collections.

That way the flipper collects 25k on his 80k investment.