As I understand it, flipping/rehabbing requires you to have a solid team in place to minimize costs among other things.

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

Or, they may prefer to diversify what they have to minimize risk.

Me: Old, RE is a side gig, transitioning from hands-on RE investing to minimal-effort cash flow, selling most of my residential RE (keeping non-residential properties), want to spend all my money before I die so my daughter will not inherit anything :)Given my best efforts, it's likely that she will inherit a respectable amount of RE.

They actually tell criminals the property is vacant.Alarms only work if the police show up quickly, otherwise the thieves are already gone.Appears you have properties in Class C/D areas, there are several other options that we use to minimize breakins & squatters.

You could technically just make an offer, but without prequalification, it’s a bit of a shot in the dark.

In some states it includes annual fees (like the 800usd for CA).Turnover has both minimal repairs and cleanup.

. - Bonus Depreciation Recapture form the cost seg you did can be taxed at the marginal rate but this can be minimized the the asset is held for more than 4/5 years. - Capital Gains: Gains from appreciation remain taxed at the capital gains rate, not as ordinary income.

The REIT's and funds can buy those and average out if a few go dark for  a year to re-tenant again long term.

It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.