That instant $87k into the bank account is quite appealing, but you will have a large tax bill on it and will need to reinvest it at a return higher than what you can get from holding. if you can consistently do that, then the flip is the better avenue with the caveat that it is a full active business compared to the semi active business of landlording.

it's payday. 

We communicate mostly through instant messages (which I highly recommend over email) where she only communicates with me on major items such as tenant changes or repairs.

@Allena Williams if your credit score is in the mid 700s that’s fine, what could be an issue is your DTI ratio, so make sure you know what that is.Typically a simple pre-approval is almost instant 

The possibilities and scalability changes instantly when a passive equity investor partners with other passive partners and they ride on the back (experience & track record) of a trusted, dependable, proven team of Operators.Once you’re in a passive Equity position you can start to enjoy “the cash flow life”.

It is on a 15 yr loan so we should have a nice payday for us. 

Instant gratification will kill a RE investor.

I obtained instant equity with this property and since then i wake up every morning thinking about Real Estate and for this reason i don’t question if I will succeed in real estate investing, the question is when.

I was looking for a property we could fix up and add some instant equity.

Is anyone familiar with the ProSource Real Estate and Tax Deed & Lien Software and would you suggest buying it for finding properties and getting instant comps?