Should I rent this out or flip it?

[Luke Fouch]

I stumbled into a great property last month, and I’m trying to determine the best use for it. Basic numbers: All in expenses: $35k Currently would sell for $60-$65k With $10k it would sell for $90-$95k Will rent for $800-$850 per month and will appraise for $70k I’m flipping houses currently, but will add rental houses as they make sense. For those of you doing both, which way would you take this?

[Ryan Johnston]

Think long term. What's your plan in 5 years, 10 years, and beyond? Do you want to rent single family houses? If it aligns with your goals, rent it. If it doesn't don't rent it. Always good to have a view from 30,000 feet while you're working on the ground.