Based on my experience, an LLC electing S corporation status is often a better choice for a real estate-flipping business, as this activity generates active income.

Think of DC as the high growth long term choice, while the entry price is steeper and the rules are tighter, it’s a powerhouse for long term equity and attracts a huge pool of stable, high income professionals.

When i signed up, I couldn't find any reviews on BP and I hope this helps people make the right choice.1. they make it sound like they do a lot more work than they actually do.

The obvious choice for a newbie is a house hack.

The odds that ALL your investment choices will be good as you suggest is ZERO in my opinion.

While spreadsheets are versatile, they tend to become unwieldy with growth, often requiring multiple separate files for different aspects of property management.

Hey @Mose Gebremeskel, I don't think there is a right or wrong answer here, I think either choice has different levels of uncomfortability and it comes down to which one to choose.

Hey @Jamarius Everett, welcome to investing, and great choice targeting the Chicago south suburbs!

And while many people will advise against investing here (and rightfully so) the real question is - what choice does he have?  

I definitely feel like I have taken some licks with those two choices, but sometimes in this biz the learning is worth the cost in lost dollars.