I'm purchasing a property on a street that has a lot of flipper activity. I had originally thought about using the house as a rental.
The rental will net $6200/year...but it looks like some of the flips are getting $30K to $50K gross.
Is there a calculator or some benchmark that shows whether a house should be a rental or flip?
@Kevin Nichols - Have you checked out the calculators here on BP? They do a great job of giving you an idea of which way to go, but as with any calculator they are more helpful the more info you are able to input.