A matter of fact, I had one a decade ago, a full IRS field audit, and passed owing $0.Eventually I want to have a couple hundred properties, and more installment sales.

@Don Konipol not out of the air, based on my own rental and a few hundred others we've done at Net Energy in 8 states.

But even breakeven on a house in a super fast growing market like Raleigh will statistically produce hundreds of thousands in return equity over time.

So you end up in the 5% and not in the 95%.Taxation of flipping has been discussed on literally hundreds of threads on this forum.

There are literally hundreds of STR facebook groups, for cities and resort areas throughout the U.S. and the world.

Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).

I was able to get in at a lower cost basis, and the property didn't cash flow while I was living there (this is a common misconception with house hacking) but I lived almost for free - Only had to kick in a few hundred bucks a month. 

Take Tampa for example—it’s been hit by a hurricane once every hundred years.

What exactly did not come across in this the first hundred times you read/heard it?

I have shared this hundreds of times over the last 5+ years.