KEY TAKE AWAYS:
Flipping properties and buying and holding real estate represent two different investment strategies.
Owning real estate offers investors the opportunity to accumulate wealth over time and avoid the stock market's ups and downs.
Flipping can provide a quick turnaround on your investment and avoids the ongoing hassles of finding tenants and maintaining a property, but costs and taxes can be high.
Buy-and-hold properties provide passive monthly income and tax advantages, but not everyone is prepared for the management and legal responsibilities of being a landlord.
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