When selecting your real estate investing strategy you have multiple factors that you want to consider. These factors include your budget (how much cash do you have to invest), how married do you want to be to the property (do you want to buy and hold or just flip), do you want to be a landlord (applicable for rentals), and how much cash on cash return do you want to make?

Factoring in all of this these are the questions you want to ask when approaching real estate. Regardless of your strategy there are benefits of each.

Wholesale: invest in properties without hard cash but need to find a buyer for the property you put under contract (the don’t buy but utilize your network and help other investors)
Fix and flip: invest in properties and receive lump sum cash from a buyer but have to invest hard cash into the property to make it better (the buy low sell high strategy)
Long-term rental: receive monthly recurring revenue for the duration of your investment but you’ll need to invest in property management capabilities and will need to vet tenants (the fix the clogged toilet but have cash returns each month)
Short-term rental: receive daily, weekly and monthly recurring revenue for during the duration of your investment but you’ll need to invest in property management capabilities and will need to vet tenants (the fix the clogged toilet but have cash returns each month)