A good flip might bring in 10 to 20 percent profit after all costs, while a rental can earn you steady monthly cash flow plus long-term equity growth.Start by focusing on learning how to analyze deals like what the property will cost, what repairs will run, and what it will sell or rent for when finished.

If you decide your current home as a rental would be too much of a drain on expenses, could then sell it, buy your larger home and then figure out buying a multi-unit for more cash flow. 

Without those info it’s tough to say.If the numbers work as a rental and you can get it rent ready with $10K, that’s usually the safer play short term.

Single-family homes (SFHs) are often seen as the safe entry point into real estate investing. One roof, one tenant, one payment—it feels simple and predictable. But simplicity doesn’t always mean safety.
Here’s the r...

Hopefully you have enough equity to sell and move on

Hi @Linda Cunliffe, If you sell to a relative below market, the IRS treats the discount as a gift, not a deductible loss.

Quote from @Ronald Ho: I found a multifamily owner that wants to sell his property off market but doesnt want to sign an exclusive listing with any agents.

In my experience, the turnkey promoter is often VERY good at finding  those opportunities, renovating them quickly and efficiently to neighborhood standards and then selling to out of state investors.

We are looking to sell off some of our properties and I know there was a big law suite with realtors Im looking at advice on qhats fiar and the going rate for realtors these days?

You can sell that house and take the first $250K ($500K if married) of profit tax free.