The profit that you will make from real estate will be life changing, not the 10k or 50k a year for a couple of years.

I think outside of just what area is going to be the most profitable or best investment, you also need to think about where you are going to be happy.

Eventually you would exit (sell) and that would have more equity to make a profit after the cash flow losses or the investment generates positive cash flow in year 2,3,4 etc.

Consult a CPA or real estate attorney to understand tax implications, build a reserve fund for unexpected costs, and research local regulations to ensure a smooth and profitable transition into rental property ownership.Good luck!

If the price was right on Turn-key maybe, but probably more of the fixer-upper that can be leveraged later on for additional property or sold for a nice profit. 

Now that's flipped, which makes profitability on a simple rental much harder. 

We did a couple recent ones that were on market, fixed them up and got them to market after the remodel with a profit.

Basically just putting a step in the middle of a disallowed transaction that is really only there with no actual profit/business/clean motive except tax avoidance...is not valid. 

We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.

Whether rates drop soon or remain elevated, timing the market correctly can be the key to securing profitable deals.For those waiting on rate relief, now is the time to identify opportunities before competition increases.