Strategy vs. Flexibility

[Micki M.]

I'm curious to get some seasoned investor input on how you approach strategy. I'm a big fan of knowing what you want and how you want to achieve it, writing down goals, etc. For me personally, I would prefer more passive investing like performing notes than being a landlord. However, as a broker I see great properties that I fall in love with and immediately start trying to figure out how I can buy them (to flip, hold, etc).

I want to be open to opportunities that show up, but not lose focus when a new shiny thing distracts me. How do you balance strategy with flexibility as an investor?