lately, I’ve been thinking about many different strategies regarding real estate.I originally did wholesaling for a few months but ended up stopping bc it just took up too much of my time especially with my full time job.second, I thought of having rentals but I was hesitant bc I live in NJ & the rental laws here aren’t the greatest and it’s hardly any deals that can justify for the rent to cover the mortage in this expensive market.Right now ive been thinking about possibly flipping properties in my own back yard NJ or possibly out of state where home prices are much lower in certain markets.Anyone have advice if I should possibly flip properties where I live in NJ (blue state) or possibly go into another market and flip virtually..?

Starting out I myself invested in my own back yard.

A lot of people will take a str at the beach when they live in Orlando or inland Pinellas simply because it's 95 degrees out and if you can get a pool and a beach within 100 yards of your front door - why not!!! 

We re-landscaped so it had a private entrance and yard, and finished the kitchen and had it permitted as an ADU.

Another thing I'm looking into is putting a modular ADU in my back yard (which is huge).

Ultimately, I always think the best place to house hack is in your own back yard.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Her 740 credit score didn’t stop her from avoiding my phone calls and cursing me out every time we spoke, her dual masters degree didn’t stop the filth she intentionally put outside my house with cigarette packs and junk all over the front yard.

I have a nice sized house (3k sf) in a nice community close to everything, on a lake, fenced in yard with nice pool & screen house, all 5-star reviews, but both last summer and this summer have been about 50% occupancy.

The unit is in an “A” location but we don’t love the layout and it is on a very small lot with a minimal yard and one car garage.