I'm leaning towards long-term rentals (LTR) but am also eager to dive into fix-and-flip projects to generate quick capital.I'm deeply committed to achieving financial freedom through passive income, and I believe real estate is the perfect avenue to reach this goal.

Residing in high-tax New Jersey and working remotely, we’re exploring strategies to reduce our overall tax burden.While I’m intrigued by the short-term rental strategy, my preference leans towards LTR due to familiarity.

Given the numbers and assuming you can comfortably manage the property or hire a property manager, I would lean towards keeping the duplex.

I sort of lean your direction and say, "Why don't you try the AirBNB for a couple of months - see how you like it - and then reassess.  

If so, lean on your experience with those to underwrite vacancy, bad debt, repairs, etc. appropriately for the condition and location of these properties.

I think I'm leaning to go for it.

Columbus, Ohio is a great market to consider if you're leaning towards appreciation.

And like some body-snacher flick this parasite has taken over the "wholesaler" space all but totally, zombified creature feeding on your capital vs brains although they do consume a considerable amount of ones patience as well. 

A 4 bedroom unit would be in the $100K range.This means I'm looking for older homes in the older parts of the city.The buildings may be more rundown and need some extra maintenance but it makes it easier for me to get cashflow out of them.Your approach should always be to find deals, offer 15-20% under asking price, be prepared to negotiate, and lean on your team of experts for the heavy lifting. 

I would prefer a Line of Credit product here specifically if it were me but I would certainly lean on other investors in your area on who those lenders are that offer such a thing.