Active vs Passive investing

[Mike York]

Hi Everyone! I have a question looking to tap into your knowledge. I am just starting out and I read it's better to keep the active (flipping, wholesaling, etc) in one entity and the passive (rentals) in another. It makes sense to me however, what if my plan is to flip the house first and say after 3 months it doesn't sale so I decide to rent it out? How would that work if I had the 2 entities?