What is Your Real Estate Investing Strategy

I'd like to briefly summarize real estate investment strategies and the skills you need to succeed in each. Here is a list of the most popular real estate investment strategies:
1. Buy & Hold
2. Fix & Flip
3. Foreclosure
4. Lease Option
5. Commercial/Multi-Family
6. Pre-Foreclosure
7. Probate
8. Rehabbing
9. Seller Financed Notes
10. Short Sales
11. Subject To
12. Tax Lien Certificates
13. Wholesaling
Some of the skills needed for these strategies:
1. Time
2. Money
3. Credit
4. Knowledge
5. Patience
6. Maintenance & Repair Skills
7. Communication Skills
8. Computer Skills
9. Research Skills
10. Organization Skills
11. Networking
12. Short term Strategy
13. Long term Strategies
14. Negotiating Skills
We'll briefly go over the first 4 strategies now and the others in succeeding articles
1. Buy & Hold: Buy & Hold is probably the oldest form of real estate investing. Hold a $200,000 property for 30 years and it will be worth over $1,000,000. Buy & Hold gives you Income, Equity, Appreciation, Deductions, Leverage.
The rule of 100/10/1 rule applies to find a cash flowing property. (Look at the data on 100properties, make offers on 10 and buy 1). You want to find a property that is below market, rent it out to creditworthy tenants, hold on to it for a long period of time and sell it later at a profit or pass it on to your children. Once you learn how to pick good tenants, being a landlord is fairly easy. MAKE SURE the property cash flows. I am living in my first investment. The one I call "My investment gone bad." Make sure you check the credit of your future tenants and the 2nd to the last landlord for a reference. Always raise the rent every year even if it is only $10.
Some of the Skills You Need: Time, Money, Credit, and Knowledge as well as Repair Skills, as well as money for times of vacancy and updating.
2. FIX & FLIP: Similar to rehabbing, fix & flip takes less work because there are minimal repairs/cosmetic work such as new paint and carpet. When this work is finished, the house is put on the market for quick sale and quick profits. You need a network of buyers to sell quickly.
Some of the Skills You Need: Money, Credit, Maintenance & Repair, Networking and Negotiating Skills.