Starting out: how would you invest if you were me?

[Josh Lee]

Hi All,

My wife and I (mid-30's) have one SFR rental in Oregon that we bought a year ago and would like to put more money into real estate so that we can make enough passive income to quit our day jobs. We have about $400K to allocate towards real estate activities. We both have very high income jobs. We're willing to invest out of state but don't have enough time to spend a significant amount of time actively managing the investments. What would you do?