Not sure where to start need advice - Flipping vs Rentals

[Account Closed]

I am so lost when it comes to reading the forums and books, podcasts.  My wife and I know where we want to end up, but have no idea where the starting line is.  We want to have recurring passive income from rentals/ storage units/ land/ etc...(anything that will enable us to live freely and without worry once I am unable to work because of age.  She will be coming into a sum of money in the timeframe of April 2023 from a family member selling land to a developer.  We are thinking about doing a couple of flips at first to generate a flow of cash that we can use to start investing in rentals so we don't use all of the inheritance while our rentals start generating enough passive income ( and we don't know the amount she will be receiving until the family member announces).   The more I read BP blogs, forums, listen to podcasts, books I read (not just BP books) the more overwhelmed I become as to the amount of possibilities out there to generate passive income.  So is there anybody out there that can help point us to the white starting line?

[Joe Villeneuve]

Start with flips to build your seed money.  Then continue to flip your larger seed money over and over, but use the profits to buy Cash Flow.

Understand that you don't flip properties, you flip your cash...through the properties.