Newbe question, Buy for Rent or Flip

[Greg Berzins]

So I'm 49yrs old, just sold my personal home of 25yrs, my manufacturing business of 25yrs, and 80% of our personal assets and moved from North East Ohio to Central Tennessee.  I am now without any self employed income.  I have about $70K cash to my name.  So my question for thoughts and opinions from you seasoned investors is this.  To tie some capital up in my first rental (possibly a Du-Plex which depending on purchase price and possible rent adjustments will cash flow mid $200's per month on about a 25K investmnet), or look to do a few flips and try to generate some living income and build up some more cash in hand to start buying rental properties.  Or I may still have enough leverage to buy my first rental, and do some smaller flips at the same time to help generate living income.  What are some of your personal.business opinions on this start?