You are taking a monumental step towards a really fun and rewarding future. 

You can do both.What is your risk/reward level?

With flipping, its a high risk /high reward thing... and the downside as well..That's fine if you don't want to be a landlord (other than str). 

I'm wrapping up my first duplex house hack in DFW (selling off-market now) and it's been by far the most rewarding experience, so much so I'm transitioning careers to get more involved in RE! 

(Risk- incentive- reward...)

I think you may have very well narrowed down my strategy choices down to one of three; the BRRRR method (although this might be too much to start with for a newbie), the live-in flip that you mentioned (probably the most practical as I've been part of many different projects in the construction industry), and a combination of house-hacking/live-in flip (probably the most rewarding with a potential to swap between units as I finish one in order to bring better rental income).

More risk = more reward

Deposit insurance, credit building and on time rent payment rewards (Through Second Nature)What customer service programs do you have in place?

Hey everyone,Hoping to get some advice on a risk/reward scenario in BC Canada.I have a property just outside of Vancouver and Victoria BC Canada.

Consider your personal goals, risk tolerance, and time commitment when choosing a passive income stream, and remember to educate yourself, diversify your portfolio, build a strong team, and be patient.As I experienced, and while risky, building up passive income streams can be exceptionally rewarding in the long run allowing you to enhance your lifestyle and provide you with financial freedom and flexibility.