How do you evaluate if a property is ideal for flipping or if you should keep it as a rental?

I looked at some properties in the Catskills last week that ultimately didn't fit the criteria.

Talk to a CPA to see how it fits your plan. 

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

You may be able to find a home that fits your needs. 

Ideally, my goal would be to get $40-45k equity back out.

First time STR host here. My property is located in a C+/B- neighborhood has the following landmarks nearby: -1.5 miles from a major university with a popular D1 NCAA college basketball team-1.5 miles from a children'...

Ideally it should still cash flow solidly but may not appreciate quite as rapidly as the bigger market.

Home 1 is ideal for a fix-and-flip loan to fund the remaining $90K, which I can help you evaluate options.

In other words, FB marketplace cast offs won't be the best fit unless you're lucky enough to come by some Pottery Barn or West Elm or brands like that.