How do you evaluate if a property is ideal for flipping or if you should keep it as a rental?

This is the ideal scenario for seller finance.

I tell people if they can match their current rent or do better then it's likely worth it, but you may need to get creative on the cash flow part if you only plan on living their a year or two.

@Shakthi Kamal read copy and paste advice below.For cashflow, you'll be looking at mostly Class C properties/tenants.Be SURE you UNDERSTAND what this means or your expectations won't match reality!

I have even had paint over 10 years that was in decent shape that I was able to match and feather.Good luck

First time STR host here. My property is located in a C+/B- neighborhood has the following landmarks nearby: -1.5 miles from a major university with a popular D1 NCAA college basketball team-1.5 miles from a children'...

As for your scenario, how many bedrooms would be ideal?

My property is fully renovated, furnished and ready for immediate occupancy, making it an ideal solution for families or individuals in need of temporary housing during their recovery process.I would greatly appreciate any insights, recommendations, or specific contacts that could help me effectively position this property in the disaster recovery housing market.I have one last question's lot of Insurance company stop writing policy in long island NY.

Plenty of Jersey City examples and numbers for you as well, but the areas will match your price point and whether or not you want to do value add.

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.