Passively Rich with Rentals I Flipped 20 Houses Out of State. Here's 3 Steps to Do Instead
Dec 30, 2025
Flipping houses from afar might seem lucrative, but the reality can be full of contractor chaos and unexpected costs. Discover the five biggest mistakes made in long-distance flipping and why rental properties often yield better long-term wealth. Learn three steps to pivot successfully in real estate investing. Melissa shares insights into passive income through turnkey rentals, alongside alternatives like BRRRR and partnered renovations that suit different investors. Tune in for a transformative approach to building wealth without the stress!
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20 Out‑Of‑State Flips Went Wrong
- Melissa Nash flipped 20 houses out of state and made some money but lost sanity in the process.
- She contrasts that with earlier turnkey rentals that produced steady passive income and low stress.
What 'Turnkey' Really Means
- Turnkey means renovated properties with a property manager in place so rent starts flowing immediately.
- With vetted teams, you can pocket consistent monthly cash flow without contractor headaches.
Contractors, Theft, And Holding Costs
- Renovations doubled in cost and contractors vanished or stole from jobs on Melissa's flips.
- Hard money delays and holding costs turned flipping into a second full‑time job for her.