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What’s a better Investment: Renting Out Properties or Flipping Houses?

Question by skohio: What’s a better Investment: Renting Out Properties or Flipping Houses?
How many properties (and what kind, condos, apartments, single-family houses,etc.) would I have to rent out to make a full-time income?
Do you advise renting out vacation apartments/condos on Sanibel Island, FL.?
How’s renting out homes compared to flipping houses, which would you do?

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