Is there anything or way to deferred the profits from my main home after the 250k.

My profit was never below $30,000 on the quick ones and sometimes $300,000 net on the longer ones.

You probably aren't going to be able to sell this to a student either as they will be strapped for cash.You may be able to find someone to buy a new house in that neighborhood and make a profit, but then you take on a lot of risk.  

We want the properties generating cash flow from the start, therefore not interesting in gut renovation projects at this moment.

Ozone generator!

In the first 30 days I explored the different niches to see where I can best serve the community and build a profitable REI business.

We've put a lot of sweat equity into our current home, made a good profit, and we are looking forward to bringing everything we've learned into our new duplex close to the beach here in San Diego.

It turns out I got a great deal, and after upgrades I should still profit 60k after only being in the home for a year.

Look for distressed homes in established neighborhoods, or homes in neighborhoods that are being revitalized.   2, Evaluating Homes for a Profitable Flip.

The downside to them is that they would not get to participate in the overall profit of the project if it all goes well, but of course they also have less risk than everyone else.If they want in as equity investors, you should consider an LLC or a Limited Partnership (with the LLC as the general partner).