There are multiple ways to successfully invest in real estate and I want to do it right whichever avenue is taken.

Whichever is LOWER.

I pay $49/mo, plus either 10% split or $349 per transaction, whichever is less.

As a General Rule, my Desired Profit is $20,000 or 20% of ARV whichever is greater.

ORC 5321.16 - Any security deposit greater than $50 or one month's rent(basically all security deposits) whichever is greater shall bear interest on the excess at 5% per annum and paid annually by the Landlord to the tenant.This only applies to amounts greater than one month's security deposit, so if I make my security deposit equal to one month's rent, there is no interest to be paid?

As a General Rule, my Desired Profit is $20,000 or 20% of ARV whichever is greater.

Hopefully you've got enough of a cushion set aside to not have to worry significantly about the change.As for which direction to go, I'd say go with whichever you think would be most gratifying at the end of the day.  

I am eager to start doing fix-and-flip in Odessa/Midland area or own rental properties, whichever makes more sense in that market.

Relationships go a long way in moving things along, so one who is local and well regarded will be worth their weight in gold.Good luck with whichever way you choose to go!

My husband is self employed, and has no other employees besides me.If this is not true for you (or will not be true soon) then you cannot qualify for a SD Solo 401(k).If this IS true for you, read on.Your current company can - but does not have to - allow you to take a loan for up to 50% of the balance or $50,000, whichever is lower.