House Hacking a primary residence is the best way to generate wealth so I always recommend that as the next move. 

I curate a list of properties priced under $800K with the potential to generate six-figure gross income and share it with my clients.

Many of my customers who are traveling nurses buy condos or townhomes in Florida as vacation homes, then rent them out when they're not in town.This system has proven to be very lucrative, as it allows them to service the mortgage debt and generate a good cash flow.

We cannot wait to help more people build generational wealth through real estate this year!!

I completely agree that flips must be completed fast to keep the cash mobile so it can generate yet more cash.

They will likely have the ability to generate them.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

I'd also advise out of state since you can certainly generate better cash flow too. 

There will also be many homeowners who have had the properties in the family through generations and own free and clear but now still need to obtain a construction loan to rebuild. 

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

It'll be up to the next generation to figure out if they want to build an empire or not.