I never flip- flipping is a full time job that delivers close to zero tax write offs and zero passive income and it's risky if you don't know a market first hand and have a trustworthy construction/rehab team in place. 

I currently have a full time job, but spend all of my spare time learning and networking with local RE investors and I am looking to add value to others through what ever means possible.Thanks,Dan

My fiance and I are trying to plan out our future and we both work corporate job that we get by with but we need to make a change to live the life we really want to live.  

I would like to have some spare money to sign up for hobby classes or classes that can improve me as a person.  

If the investor did a good job buying in low vacancy counties AND uses good property management or good tenant finding techniques, then you should have very low vacancy.  

Problem is the area is one I don't like, bleak job growth, low class, challenging tenant pool and needs really good, strict management.

Due to my business strategy,  I am in the red year over year and managing property is my only job.  

The only thing that can cause an actual housing market crash, is for people to start defaulting en masse on their loans, which can happen only if the loan is unstable, or the job market is unstable. 

Just do not over improve the house you live in.

I have clients of mine that I have helped buy 100s of these price point homes.. they make it work because its their JOB... thats the only way to make this price point work long term .. but you will find that out over time.