Quote from @Curtis Brown: If it rents for $2,400 and all your expenses are $2,140 then that leaves you with $260 cash flow and is a good deal.Nobody can predict the future but there's plenty of red flags concerning the economy.

However, if you're trying to flip and do this full-time and you're new, I'd just diversify your funds into different asset types (blue chip stocks, bonds, ETFs, etc) and like Jay said, look also into syndication deals.

It's better than stocks and bonds, etc. but let's be real here - You're a 23 year old making six figures, do you want what everyone else can get easily..?

This does not mean investing in RE is a bad option or that we should only invest in the stock market.

Also, consider what would happen if the market goes through a correction, which many people have been predicting for a couple of years now.

Even tho i am setting aside cash for investing, i am looking to use that for reserves, and stock piling it in for when the market turns back down.

I like being able to predict repairs as much as possible and have preventative maintenance, and keep cash reserves for all contingencies that might arise.

This is similar to selling shares of a stock or fund in a more conventional brokerage IRA.  

Warren Buffett recently told his shareholders that they should expect stock in his company to lose 50% of it's value sometime in the near future.

I am based in south Florida, I am an  IT guy by  profession and have been in this industry for the past 12 years, up until 2017 the only connection I had with Real Estate is my primary home.From listening to podcasts and reading few books I've realized that Real Estate is the investing vehicle  I want to go forward with, I am not a fan of stocks but funneled money to my 401k all these years just like most other folks do. .