If you're looking for a more passive strategy, you may see this as a con, which is understandable.

The BRRR strategy is interesting since I do have breaks in my job that would allow me to oversee the rehab process, but are there other more passive ways to acquire and own real estate?

But the quick equity gains that are possible by tracking the seasonality and "buying right" makes up for any potential lost rent in spades.

I think the question you are asking is how can I qualify to offset non-passive income (e.g.

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.

Sale of Property (10/2024):• Sale Price: $290,000• Net Profit: $220,000Capital Gains Calculation1.

This means the IRA can own a leveraged real estate asset, and any income or gains from the property grow tax-deferred (or tax-free in a Roth IRA).

Starting small is okay; it's all about gaining experience and building from there.Networking is also super valuable, so get involved in local groups or forums (other than BiggerPockets).

Seems like you may need to be the one to gain some insight before chiming in your 2 cents worth.  

This way, you benefit from both the immediate gains of flipping and the long-term advantages of rental properties, like tax benefits and appreciation.