With flipping you also pay higher taxes since it's considered active income and with rental property you get a much smaller pay day, but you also pay little to no tax on the gains since it's passive and therefore have a number of tax advantages you can take. 

Numbers wise, it seems like there could be an investor looking for a moderate-term passive investment for 8-9%, but maybe I'm off base. 

He was showing huge gains to investors on paper, so he only really paid the early investors when they cashed out.

With this exchange I'm looking to generate passive cash flow so I can pivot into real estate full time.

“At the end of March, we observed price gains that put us on pace for half of the homes listed this summer to be above $300,000,” Vivas said.

Our ultimate goal is to have around $1mil liquidity to be able to purchase our own land, build our own home, and still have a little bit of a buffer, while also having rental properties for our passive income.I know we could fairly quickly get to $1mil buy buying and selling but I wanted to know what you all thought about what a good roadmap might be regarding that (how many properties to buy and rent vs sell, etc).I have a friend who is very active in these forums who originally lived in Los Angeles and his first properties were basically in the ghetto of the middle of the US.Would a good route be to purchase apartments in the ghetto and be a slumlord for a while to launch our empire?

Don't be fooled by the "pro", I already gained enough information from this site that I already felt like I had to give back before moving forward. 

My overall "why" is so I can finally sell or dissolve my company and live off these rentals for passive income. 

You could end up with a big capitol gains tax bill. 

Of course, this is like another job, and not that passive.