I have adapted my lending on flips to lines of credit secured on the property.

I believe its the best decision i have made in past years since i actively thought about investing.. figure out a plan and make a move on it , I know its much safer then most would like but market trends are weird in my area and wife/family is more important for me now to stabilize then housing market and i sleep better at night and it can change/adapt later, Im in no rush,  hope this helps

As you move forward, remember to stay flexible and adaptable, as the real estate market can be unpredictable.

While I do not have a problem with jobs leaving to other countries, what worries me is an individual’s ability to anticipate, and adapt to trends in the economy.

I’m more inclined toward learning, adapting and adjusting to new reality.

I didn’t have MLS access for a while so was adapting to PropStream and the opportunities it brings.

I can also think of advantages like not having franchise fees, national branding issues, rent escalations can be built in to long terms leases more easily since the lessee is a professional, your property is faster and more quickly to adapt to which STR platform is working at any given moment, the lessee is more likely to be financially capable of paying for damage to the unit, etc.

But while fix/flipping you should be saving homes that make sense as rentals in order to offset the times you cannot find a deal.You also need to adapt, I suppose fix/flip is a good strategy in good times also, but for me that is when we build new.OF course I ran into a guy in the Inland Empire of CA a few weeks ago and he is making money building new right now - so..... but he is probably making 30% or so per deal, given the numbers he spoke to me about.

Also I don’t think I have enough assets yet to deal with the headaches(paperworks) of creating the Wyoming LLC and nominee directors with yearly fees on top of each phase.I do see that when I start to become more successful and bigger I may adapt the other more sophisticated models.

&@Chad Urbshott.What Roy described has been used & taught many years in Canada for US RE investment.What Chad said about LLP or LLLP has been adapted by a lot of CDN investors in the last 4-5 years.