Plus you'll likely have some healthy cashflow maybe 3-5k a month.

Gain the knowledge where you will invest and enjoy your investment and live healthy.

For example, prices and home values have been appreciating at a steady rate comparable to the rest of the nation year over year (roughly 2-6% per year), there are much more regulations & restrictions on lending & appraisal practices that had previously led to the crash, and also the economy in general is pretty healthy & is providing a good foundation for a stable real estate market. 

Couple of tips if you go down the Realtor route:- Keep your job until you can build a healthy pipeline of deals and clients.

We were happy with it but we noticed that the house was not clean - the blinds were dirty, the carpet was soiled and the house smelled like cat urine.

Perhaps retaining walls, soil nails, etc.

The makeup of the soil has a lot to do with what can or cannot be done; and what would be required in order to build on a steep lot.

Since we're CF-focused, but prioritize consistent, reliable income and solid exit strategies, we focus on the sweet spot where you get a healthy combination of appreciation potential/exit strategy AND cash flow. 

If I'm getting a healthy commission from a seller client, I probably won't charge the $299, I'll either eat it or deduct it from the cooperating broker's fee. 

Through property improvements and healthy rental increases (over 4% YOY in Columbus) this owner has a portfolio of properties with very strong appreciation since initial purchase.