I'm have been into the real estate investment world for a while now and I've narrowed it down to either fix and flip rentals or college rentals.

I am wanting to purchase my first real flip.

My partner and I have a property in Boston market that we flipped that will be going on the market in a week and a half.

I'm a 25 year old software engineer and new real estate investor who's already taken the plunge and done their first deal: I recently closed on my first flip with my partner where we renovated and sold a 2-family in Brooklyn.  

We are working on our first flip in Edgewater now, but hoping to grow quickly. 

There is a seemingly endless amount of sites with local info. 

Buy and flip?

Endless hot water and they last 20+ years if you flush them with vinegar once a year.

Flip it? 

Well for general considerations about whether to have an LLC for rental properties or not, check out-https://www.biggerpockets.com/renewsblog/2013/08/1...Read through the comments too as there's a lot of info in those too.One major comment would be, and an accountant or an entity specialist should bring this to your attention, is that rental properties and flips are two different things as far as taxes....passive income vs active income...and those should not be mixed under one LLC.