.#1 Needs a caveat... high growth markets also tend to be highly volatile.

Each strategy has its own set of benefits and drawbacks, as well as potential returns and risks.Buying to Flip for Quick ProfitBenefits:Quick Returns: Flipping properties can potentially yield quick profits, especially in a hot real estate market.Minimal Holding Costs: Since the goal is to sell the property quickly, holding costs such as property taxes and maintenance expenses are minimized.Creative Freedom: Flippers have the freedom to renovate and design the property to maximize its resale value.Drawbacks:Market Volatility: Flipping is highly dependent on market conditions, and a downturn in the market can lead to reduced profits or even losses.Capital Intensive: Flipping often requires significant upfront capital for purchasing, renovating, and holding the property until it sells.Income Tax Implications: Profits from flipping are typically taxed as short-term capital gains, which may result in higher tax liabilities.Buying for Rental Income and Long-Term InvestmentAdvantages:Steady Cash Flow: Rental properties can provide a consistent stream of income through monthly rent payments.Appreciation Potential: Over time, rental properties have the potential to appreciate in value, providing long-term wealth accumulation.Tax Benefits: Rental property owners may benefit from tax deductions on mortgage interest, property taxes, and depreciation.Challenges:Tenant Management: Dealing with tenants, maintenance, and property management can be time-consuming and requires effective management skills.Market Risks: Rental income may be affected by market fluctuations and changes in rental demand.Liquidity: Unlike flipping, rental properties may not offer immediate liquidity, as selling a property can take time and incur transaction costs.Comparing Potential Returns and RisksBoth strategies offer the potential for attractive returns, but they come with different levels of risk.

As @V.G Jason mentioned stocks are volatile and not a cash flow approach but longer term appreciation focused. 

I have noticed that many areas that are least volatile during recessions also have the largest long term gains.

Local market volatility, neighborhood issues, local large employers and national economic changes can change your plans for you.

My only word of encouragement would be to embrace some volatility over the coming decade for the longer-term opportunities it can afford.

If it was unlevered it would probably be a multiple of 1.4 - 1.5 but significantly less risk, with leverage it goes up but it’s also more volatile.

Airbnb stock has made a move of 15% or more 12 different times since it became a public company, exhibiting extreme volatility for a company of this size.Here's what Airbnb's volatile stock price means for investors right now, and here's also why you should care.”

This allows our group to be protected from the high interest-rate volatility that is prevalent right now.  

I am not saying we will be using less of them anytime soon but energy markets in the US are extremely volatile.2.