Since your goal is passive income, breaking even, and long-term wealth, here are some general steps to guide you:Location Research: Focus on areas with landlord-friendly laws, especially since you want to avoid tenant-landlord issues like those in New York.

They often know about listings before they hit the market and can guide you to good neighborhoods for flipping.Use Your Contracting Skills: Your experience in contracting is a huge asset!

I use competitor pricing as guide posts but since I've been operating for several years, I look at historical, year over year data for my own place and raise it a bit.

We handpick properties, and guide them through the purchase, rehab, and management of the properties.  

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Map out your goals and rewrite them often to help guide your decisions. 

Here's a detailed guide on how to screen applicants: Application Screening Guide 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Start with BiggerPockets Ultimate Beginners Guide (free).

Let a current Realtor give you their input.Here is a good read: https://www.redfin.com/guides/agent-resources/how-much-does-...