Unless you absolutely love flipping I have often seen it is a means to generate short-term capital that you can then put into rentals (aka long term wealth). 

@Saika MaedaCongrats on pursuing a property with an ADU—it’s a great way to generate rental income!

If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?

it typically takes 5-10-15 years to stabilize a property, get a good tenant in, and actually generate net cash flow, especially with prices and interest rates so high.if you're in it for the long term, and willing to weather some early storms, great. 

It allows for a period of adjustment during down periods and takes advantage of the market's upward trajectory.By projecting returns, considering a solid five-year window, timing the market strategically, and analyzing historical patterns, I've been able to make profitable investments and build lasting wealth.Let me share with you the strategies on creating generational wealth that have worked for me and can work for you, too.Long-Term Mindset.

Section 8 can give higher rental revenue but there are a few things to keep in mind. 1.

They would do no prospecting, lead generation, etc.

Can you generate any of these reports as well as the P&L for each property?

Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.

@Thomas Sheehanonly you can decide what makes sense for you financially, but I would not put $200-250K into a property to generate minimal cash flow. i look to minimize my outlays when I purchase.