That may be the path for a year or two while you figure this out.

We own and manage two and one is particularly difficult during the shoulder (slow) seasons.

Couple, unmarried, two cats, 50k in savings, mid 30s, credit over 780!

I'm also not super optimistic on rents increasing over the next year or two though, especially if we go into a recession.

I am most comfortable with long-term rentals, but I would like to try a flip or two to build my capital.

I am still living in Chicago but plan to move to New York in a year or two.

But again, dedicated crews drive reno costs down.If you can connect with a flipper in your area (quick out your local REIG) and ask to come along when they scope out a job, you will get more from one or two trips than from a dozen books. 

@Mohit Gupta  depending on number of occupants your regular insurance can cover it, read the policy, ours covers two roomers. 

Just my two cents, good luck!

My business partner and I bought into it  quickly saw its limitations then just as quickly canceled our service  within two weeks.