I am interested in investing in something a bit more passive as I am getting older and, while I love the real estate asset class, I do recognize the need for multiple streams of income. 

Remember the famous quote from Robert Allen: "Don't wait to buy real estate.

Here is the BEST way to develop an understanding of the risks and rewards of redeveloping your propertyBEST - Hire a CRE - Counselor of Real Estate to do a complete market analysis.  

Hi Ella, welcome aboard,Your post about your real estate ambitions, encompassing the purchase, renovation, and sale of properties, as well as the ownership of Airbnb rentals, is indeed an exciting endeavor.

Zeona is a prolific real estate agent with a ton of knowledge, she has been an Airbnb host since 2012 she has over ten years of being a short-term rental property manager and consultant.

Cash flow is important, but appreciation, principal paydown, and tax advantages are also key factors in long-term real estate success.Your logic makes sense—if your investment property’s rent offsets your primary mortgage and you’re in a strong appreciation market, it could still be a great long-term play.

Why Part of a Good Deal is Better Than 100% of No DealHey BiggerPockets Community,As real estate investors, we all want the perfect deal—the one where we control everything, make the most money, and have the best terms.

The real estate agent doesn’t pay for problems.

I am newbie in real estate and I don't have much experience in real estate. 

I am a new real-estate investor looking at flipping properties in a higher end neighborhood.