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Updated over 10 years ago, 06/22/2014
Mini Retirement
My family & I are in the planning stages for a mini retirement. We would like to leave in June of 2018 and be gone for 14 months, live in 3 different country's for 4-5 months per. With 4 years of preparation I intend to have a team together to manage my rentals while we are away, when we return I plan to go full time in real estate, my current Business will be sold or closed prior to leaving. Our primary residence will be rented out furnished, I will sale my work vehicle and store her SUV.
I'm asking the professionals in each field for advice on what would be a higher yield passive investment I can start focusing on to enable us to enjoy a year+ abroad. Would you recommend; triple net rentals, Note investing, more rentals, car washes, mini storage, etc.? I currently specialize in Oil & Gas and Fix & hold SFH & 2-10 multi fam.
FYI, My wife and I plan on getting part time jobs & sending our children to local schools to be totally immersed in the culture.