First of all, do not take any money out of the business, because you will need it.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

Flipping is a production business.

cash flow is going to be found in tougher, niche strategies that are more like a business and less like a passive investment... and LTRs aren't all that passive sometimes either.the benefits to LTR real estate are... 

rates are high, prices are high, good PMs and contractors are booked up and busy, and it's very tough to find good deals. 

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

Also, what if you spend thousands of dollars on a brand-new DADU, only to have the seller reaqcuire the house?

I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.

And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.

One of our favorite discoveries is that IT'S TRUE, dream opportunities DO land in your lap, the longer you're in business!