And yes, sometimes you have to pivot depending on other parts of your portfolio.The issue is that a flip is higher end finishes and amenities than a long-term rental so you could overdo the market if you have to rent it and get less of a return for the finishes.

I think it depends on the problem.

For example, for rental properties, lots of the categorization depends on the REI's specific tax strategy regarding what we're capitalizing versus what we're immediately deducting.

Depending on how much liquid cash you have, you could also invest too on the side if you are looking to scale rather quickly. 

That might depend on your political affiliation. 

Quote from @Ricky Hernandez: Hi Everyone, I'm planning to purchase my 1st home in Arizona and was wondering if you had any good tips on finding a dependable home inspector? 

It really depends on who you choose. 

Both work, but it depends on what you are trying to accomplish and your budget.

You learn the most about being an agent in the field and by choosing a good first brokerage with good training either in-person or online, depending on your preference.

Depending on the complexity of the deal, you can have a few revisions, negotiations to the contract.To me, the focus of the calls is to gauge whether or not the seller is motivated to sell, and if it fits into my buy box, and the price fits my return criteria.