Best Use of Personal Resources
So I am stuck with a dilemma,
I want to get into buy and hold investments but I feel as if my resources for that market is very limited. I worked hard to pay for my college without taking a loan because I thought that was the "financially responsible" route and long story short I can now only get a 3/1 ARM owner occupant loan. I am currently building my credit score so I can get decent conventional loan terms by next year.
I am very mechanically inclined, have a brother in construction management, and a father that gen. contracted/built his home. My future father in-law is a realtor and deals with flippers often.
So this is the "stuck between a rock and a hard place" dilemma:
My plan for lifestyle design is passive buy and hold investments but am I better off fix and flipping?
Thanks in advance for your comments and opinions!
Side note: I live in midwest Ohio but am relocating to Columbus Ohio this year.