Built-in accounting software, keeps track of everything better and helps for tax returns at the end of the year3. multiple payment options are usually available for residents4. maintenance requests all in one area, easier to keep track of and keep residents informed of the status5.

With the numbers you shared, flipping could be a solid move: buying at $465K, investing $200K in rehab, and targeting an $825K ARV.

Consistent with the advice of @Jo Bradley , if I could get through the first couple years financially, keeping current home seems a lot easier than long distance investing...and at least I know what is wrong with my current home (I.e it will eventually need new roof etc). 

You need to target recent or currently in bankruptcy, has liens on the prop,  just had a medical event, or is late on some payment 30-60=90 days late. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

It’s typically less risky and easier to manage compared to a fix-and-flip or mid-term rental, especially if it’s your first time dealing with property management and rehabs.

Think about your target strategies, like short-term or long-term rentals, and whether you're looking for financing options to expand your portfolio.

Quote from @Jonathan Greene: Quote from @Mitchell Gunlock: Quote from @Jonathan Greene: It probably sounds easier than it will be in practice.

Hi Alex, welcome to the community and the San Diego region.How do you plan on targeting your leads?

Unless you cheat by reporting things incorrectly, which is easier to hide inside a partnership LLC.