Buy and hold is a lot more my style of an investment but the decent profit that cab arise from a flip would be a nice nest egg.

On top of that, $500/mth cashflow per property will be very tough to achieve, unless you are keeping them all in cash.  

I also like to compare rental rates from websites such as zumper and try to analyze how much more rent I can achieve by making certain upgrades.In L.A., where I’m from, there are plenty of rental markets where crime is high, and schools are terrible, but still fetch top rents.

I put an offer in on a 1934 bungalow style home.  

I only currently own 1 house out right now and working on finding the second right now.What is the best finance options for this style of investing? 

If you purchase correctly, in stable or growing areas, with fixed debt (as long as you can fix it), maintain your asset, & achieve cash flow (not over leveraged) then you should be okay.  

@Jonathan Key If you are looking to get your own RE Licence, you will need to become very adept at dealing with all sorts, without letting your personal feelings interfere with what you are trying to achieve.

In fact, I'd probably be more comfortable with a diversified portfolio containing no physical assets, as it could likely achieve the same results with less hassle.Just my $.02...

As far as my situation, I have a full time job as a Firefighter/Paramedic that took me 4 years to achieve and I love my job.  

Hi Guys, when you have 90 % of ranch style homes and you try to do some comps with a colonial property, if you find some houses with the same numbers of bdrm and same sqft, do you take it as real comps or you dont?