I specialize in several key real estate investment strategies, including BRRRR (Buy, Rehab, Rent, Refinance, Repeat), fix-and-flip, house hacking, and short-term rentals.Having recently transitioned into real estate, I am committed to helping both seasoned investors and new buyers navigate the complexities of these strategies.

I live on Long Island and currently invest out of state. 

If you have an issue with that, or are long distance, hiring a property manager is a must.

Investment Info:Condo fix & flip investment.

Quote from @Tom Grieshammer: @James WiseI have enough time to self manage a long term rental.

My husband and I are looking for a live- in flip and we are newbies. 

Quote from @Tom Grieshammer: What is the profit to effort ratio between self managing a long term rental and hiring out a short term rental?

If I can do a cosmetic flip and have the crews that can knock it out in a few weeks so we can relist it and do three in the  time it takes to do a full rehab which will have my money and attention tied up for months, the simple flip would be my choice. 

Hello! It's been about 25 years since I was last active on Bigger Pockets. Since then my RE portfolio has grown to the point where I am finding myself devoting more time to managing these assets than my real estate sa...

Of course after a few deals, he/you will gt better at putting a number on the project, but you may have slim or no profit on at least a couple of jobs.I had decades of experience and a partner with unlimited deep pockets, and still lost money on a flip!