First, please do NOT think you're going to generate enough cashflow to live off of within 3-5 years. 

It just seems like the guy tasted a little bit of fame and success and decided he could make more money with these get rich quick programs and ripping people off, than investing in real estate itself.

He kept in touch with local contractors, and one tipped him off about a homeowner who ran out of funds mid-renovation.

Though I would mix with antifreeze if the heat is off and your winters involve freezing.

A suggestion about Furnished Finders, their calendar sucks because you can't block off your high-season months, a real detriment to taking bookings through them.

I've started flipping houses in the HRM (currently flipping a house in Fairview that was purchased off market) and plan to focus on flipping to generate cash flow for the next while. 

I cut off PMs that constantly try to find ways to add revenues by what I call trickery; selling some 3rd party service that they have contracted to all their clients, recommending small fixes turn into large one's,etc, make it difficult to get 2nd opinions. 

The reason I say this is that I just hired a handyman off one of these sites, they did some great work for me and the guy is doing handyman work and working semi-full-time.

That kind of networking plus honest cash-flow analysis can open more doors than simply chasing rumored off-market listings.Interestingly, I recently saw a property here in Phoenix (ARMLS #6757476) that sold for around $450K in October 2021, then resold in December 2024 for $1.8 million.. that’s an eye-popping $1.35 million jump in just three years.

First off, congrats on the soon-to-be dad's life—huge milestone right there!