Your situation might be different, and if you have a current W2, it is a lot easier to secure a loan, but if you are 1099, commission only, you could run into trouble trying to get an FHA loan, as they will likely want at least one, if not two, tax returns to prove consistency of income.But to answer your question: in this market, I am a much bigger fan of flips.  

We had him install new circuits, multiple recessed lights, ventilation fans, upgrade breakers, and multiple indoor and outdoor receptacles to bring the system up to code. 

@Mary Jay I'm not a fan of putting real estate rentals in an IRA. 

I have not been a fan of Airdna rentalizer.

I'm not a big fan of joint venturing or using other people money, or what ever you want to call it to get started.

I'm a HUGE fan of house hacking.

,For books, Rich Dad Poor Dad by Robert Kiyosaki will come highly recommended and I myself am a big fan of Set for Life by Scott Trench.

@Annie Weeks Here's the website for the rules/regulations for the city of Saint Paul.https://www.stpaul.gov/departm...Honestly, I'm not a huge fan of short term rentals, as I've seen in my own backyard that the government likes to come in and regulate it (not a huge fan of the risk/uncertainty in regulations from the government agencies). 

I’m not a big fan of turnkey your cash on cash return is very low in my opinion.  

I am not a fan of guru culture, and wholesaling gurus seem very dependent on getting people with little or no money to buy programs intended to help them earn their financial freedom.