My end-goal would be to learn the ins and outs of the industry in order to earn passive income and steadily do more and more profitable and complex deals.

With the above mentioned I am wondering if it would be best for me to buy a single family home to live in and rehab cosmetic items within the first year and then sell it within 1-2 years and use the profits for a down payment on an owner occupied property.

When you buy at retail price like with turnkey you are giving up all that value-add profit in exchange for ease of entry. only way for that to work is to buy from a turnkey operator who left a large margin of profit in the deal, which no good investor would do.

In summary:1) I am fine owning the property, but can let it go for below market value and still make a good profit.

He also thinks being close to a ski mountain is important but unsure if you could be profitable if not near a ski mountain. 

What is the smart decision in the end that may cost less and have a greater profit?

I am looking to take this profit and do another mailing strategy but would love some impute.

Property management is a low margin business. 

These are the properties that could potentially bring over 200k in profit each.

I had my eyes on a small 6 unit apartment complex that I originally thought was a great deal, but the more I analyzed it over and over again, the smaller the margins came out every time.