Career change. Cash to invest. Which route to go?
I've been taking steps over the last few months to actively pursue career change in real estate. I have some experience with buy and hold but I'm trying to figure out the best route to go. It is likely that I will walk away from the sale of my current business with 200-300k to invest. I'm not certain which route to go. Buy and Hold? Fix N flip?
I've been doing a lot of reading on here lately and I'm still somewhat up in the air. I've read J Scot's books and like the idea of not dealing with renters but I'm also looking for consistent cash flow and I'm not certain I will come across enough deals to make that happen. I don't have any interest in actively seeking deals through marketing and mailers and would likely get most of my deals from the MLS, foreclosure.com, and/or wholesalers themselves. (this may be naïve of me but I'm just being honest as I have NO interested in all the letters and marketing etc.)
I'm not looking for answers.... just input from experienced investors.
Any ideas? Thoughts? Suggestions?
I appreciate it!
Ryan- West Michigan