New member saying hello!

[Christy Philippoff]

Hi everyone! My name is Christy and my husband and I are just getting started in real estate. We are excited but want to take it slow as we try to be conservative investors. We live in Ocean Springs, MS. We bought our first investment property as a foreclosure off the county steps this summer. We let the previous owner stay in the house and pay rent. She paid for 3 months. She didn't pay the last month and our property manager evicted her. Now that we have the property we are deciding whether to flip it or rent it. If we flipped it, we think we could earn around 40k in profit. If we rent it, we would cashflow about $300 a month. It does have a screened in pool so if we rent it, we would make it into a deck so as to not be bothered with the pool, however, it would be a selling point if we decide to flip it. Any advise is welcome!!! I look forward to interacting and getting to know y'all!