In today's market, it's too broad to use.

@Channing Huntington, profit is always defined in every instance as the difference between basis (purchase price plus capital improvements minus depreciation) and the net sales price. 

Passive investors must take a different approach to their investments than active investors.First, so we are clear, I define a passive investor as one that truly takes no active role in identifying, renovating, marketing for sale or lease, or managing an investment property.  

So, my recommendation to you is to define your investment criteria.

Add that I'm on social security and a small pension, and that defines my needs ... 1) an affordable place to live ASAP2) passive income to increase my monthly incomeSo I am looking for both.

Passive investors must take a different approach to their investments than active investors.First, so we are clear, I define a passive investor as one that truly takes no active role in identifying, renovating, marketing for sale or lease, or managing an investment property.

.- The exclusions in the policy are so broad that I don't think I'm actually getting any coverage of value.

Hello, I am looking for advice and what i need for getting started in CRE investing, i understand this is probably a very broad question but anything help.

Have you defined your buy criteria yet? 

First, define your goals.