You really want to learn costs of bathrooms/kitchens/flooring/painting/landscaping which are the basics really that you most likely will need to do in any flip (hopefully you wont need to do all of them lol) get a feel/ask around/search up plumbing and electircal complications as they are the ones that are hidden costs and usually expensive and then eat up all your profit (best flips are the ones that just need cleaning/painting and are an easy 10% in 2 months so look for those if you can)Buy and hold properties to rent out are a little different as you want to get low quality floors/kitchens (cheap) to simply rent out for long term generation of income and then eventually renovate, you probably wont want/might not have time to renovate and want to get the cash rolling so look for properties already with tenants because you start off on the right tract without needing to do anything....Not sure about funding really since im an all cash buyer sorryHope that kinda helped lolBest of luck investing

I rent the home for $1075, yielding a net monthly cash flow of $489 (or $5868 yearly net income)If you could please leave me your thoughts on how these investments stack up and also point me in the direction of a reliable and easy-to-digest method for calculation ROI/rate of return, I would greatly appreciate it.

I have probably done it a dozen times to try to digest it all.Obviously one issue with listening to it while driving is I don't have it written down in front of me to process fully and implement the steps as I go as easily.I have actually thought about getting a hard copy just to be able to really be able to work through some stuff when I have time (Whenever that might be!).

Just finished Brandon Turner's "The Book On Rental Property Investing" and am looking to either read another book on the subject, or put what I learned into the action.It was a lot to digest for someone who's brand new to real estate investing, but there were a few main takeaways I got from it.1.

I haven't done any research in that area for a couple of months but its hard to digest that rents are decreasing in that area especially when the domain is expanding substantially with office buildings and more employees/employers like facebook. https://www.statesman.com/business/20180906/sources-facebook-to-lease-entire-17-story-tower-at-austins-domain/1  I do know that there are more apartments that came on the market there but the house supply is still the same for the most part except for little infill projects.

I call it a 5-plex, but it is actually a 4 acre tract of land with 5 homes on it.

My ideas are digested from a bunch of theirs and my own business philosophy. 

I have two tracts coming up that are EB-5.

There is much here to digest by way of information!

While digesting it all, just keep in mind that some things in the areas of financing, regulations and taxation are different in Canada than the U.S.A. - but the general concepts are universal.You might try reaching out to @Gary McGowan who hosts a monthly REI gathering in the GTA to arrange to drop-in at the next one.