From my experience, both can work; it depends on your goals.If the tenant’s solid and the lease is clean, I like buying occupied for instant cash flow.

You buy and sell the property almost instantly, usually on the same day.You’ll find private lenders who specialize in transactional funding.

I turn on instant book and let the system do it's thing. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $299,000

Cash invested: $70,000

Residential home, purchased approximately 15% under current market value. Property ...

We do have opportunities in my market for a BRRRR play, where your all in may be around $125k (purchase, holding, renovation), then you can capture some instant equity to where the house is worth about $150k to $160k in a solid B class community.

They shut down instantly.

Honestly neither are a problem, I get an email and app push notification instantly when the tenant submits a maintenance issue.

It's a good payday but as I said, if you aren't a few houses in I wouldn't recommend it.

If I can find some land on the same lake I could make a glamping site and put a dock in with a pontoon and i instantly have another source of income by investing in the lake property.

Instant Equity – I source off-market land with built-in upside, often from legacy owners or distressed situations. 2.