Flippers: Unless you get a property at a deep discount, it makes sense only if you and family member or partner do 80% of the work and quickly. Would further help having a real estate license. Otherwise, it can be very tough margins and soon the carrying costs for "not selling" property can throw you into red. There are also flippers who gut down the property and build a 100% new house. That can ask for some serious investment and expertise in building houses. Residential Landlords: Agree with points but landlords should lobby for evicting tenants within a month. Laws are such that it can take upto 3 months to gain eviction and some places Landlord has to pay several hundreds to Sherrif to conduct the eviction. Given how busy the Sherrif is, this can take another few weeks atleast. Plus Landlord has to hold on to "loser tenant's" belongings for 30 days before selling or throwing them in the garbage if tenant does not pick them up themselves.