Posted by RichV (FL) on March 07, 2003 at 10:54:42:
Danny,
Why not a combo of both. Thats what my wife and I do. It works very well for us.
Rentals are nice because if you structure the deal correctly you get your rent to cover the cost of all expences and pull in a positive cash flow.
Flipping has helped us build a nice reserve fund to help us with bills that come up for the rentals we have. And its a nice way to generate some quick cash.
I like both.
And either one can get you started.
Good luck,
RichV(FL)