I'm at a crossroad right now. I recently found some move in ready houses for less than 60k which I could put down 15% on and get a 15 year mortgage. However, the properties are out of state and I would need to put together a team for it to be successful.

I've been mining cryptocurrency for a few months now. At the moment my mining rig generates about $750 USD worth of Etherium per month. There were some good deals on laptops and I bought seven new laptops on credit cards to the tune of $7,246 total. With the addition of new laptops to the mining farm I'd bring my mining income up to $1,260 per month and have all of the cards paid off from mining in six months. After that the only cost to running the mining business on the daily is electricity and maintenance of the machines.

If I buy the 60k house it will take a 9k downpayment about about $1,500 to close, plus a $500 inspection. I could easily sell the eleven card mining rig I have now (my mining farm without the new laptops) and go buy the property.

The house mortgage would be $290/month. I could rent it out easily for $800/month at the very least. $1,000 /month in rent would be doable with some paint and touch ups.

Mining I'd be making $1,260 out of the gate, but would be paying 25% tax if I sell my crypto before a year or two has passed.

Which direction would you go and why? Long term my goal is to own multiple rental properties to be able to live as a full time landlord/real estate investor.