Prarie dog, note that Carenter and BG are saying that it is not “passive’ Income. There is a large factor or passive income in some strategies. Buy and hold with cash flow is one. Yes, you work but depending on how good you do and how lucky you get, the ratio of “passive” to “blood sweat and tears” income goes in favor of passive sooner or later.
You might be in a good position to be a flipper at some point. SDRealtor is very honest about his deals that he does with other investors and good at getting his finger on the pulse of these things. You might want to make a point of connecting with him. I think right now they are kind of cautious with flips, but I think he will know when to go and with what.
BTW if you haven’t seen it,the SDCIA blog has tons of active and archived posts for real estate investing.
