A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.

I target cheap C+ class homes because turnovers amongst this class of tenants is almost zero, and the profits are much higher.

One of the properties sold back in December 2023 and we were told that we would be receiving an update of the profit in January.

Some areas may still be good to invest in even with global uncertainty.Interest Rates – Try to get a good mortgage rate now, as waiting for rates to drop could be risky.Cash Flow – If the rental income covers your costs and gives a profit, it's a good sign to buy.Long-Term Thinking – Real estate tends to grow in value over time, even if there are short-term changes.Rather than holding off, look for deals that make sense for your goals now.

I feel more organized especially with the bookkeeping work

Keep in mind @Mario Morales that they take premiums, invest them so there is a profit component on invested returns, and hence amplifies how far the $ can spread on payouts. less than stellar returns and expanding claims, yes, rising premiums is a certainty. 

To determine the best option, we should run the numbers for both scenarios and see which is more profitable.

Changing whole buildings over isn't always practical (or prudent) and we will be running buildings profitably with galvanized pipes in the walls for the rest of my career. 

As a borrower your objective should be to  turn over a well organized and easy to digest loan package.

They could provide the funds needed to complete the project in exchange for a share of the profits.