750k-1mil to invest passively

[Dan D.]

So I run a full time mortgage business, and even though I’m in an industry connected to Real Estate; I just don’t have the time to become an active investor.

My days are long and I’ve got a couple young kiddos at home, so, I just don’t have time for it.

That being said, I’ve accumulated around $1mil in Capital that I want to invest.  I’m probably going to take 250k of that and invest in the stock market through a good friend that’s wealth advisor/ money manager, so, that leaves the balance of $750k to deploy into RE.

Looked at turnkey out of state rental investing, but, it seems that purchasing the property at such a premium really cuts into decent returns.  Plus I still need to deal with having the right management company set up.

What else should I look at?  What are realistic expectations  of returns for simply supplying capital?  What type of risks are associated with this?

Was reviewing another thread about syndications, sounds like that might be a decent fit for what I’m looking for?

Thoughts?