How to make an annuity work for REI?

[Justin K.]

My grandfather has set up an annuity that he says is 'worth a house mortgage' that I will receive either upon his death or before then. I am very interested in using my inheritance to get into REI. I am conservatively estimating it to be worth $100K.

I am just starting to listen to BP podcasts and read books about REI. I am trying to get familiar with the concepts, lingo, financial formulas, etc... One of the biggest unknowns to me though is how can I use this annuity to get into REI? I'm not quite sure how I could use an annuity, or what kind of entrance I could make into REI.

My strategy of choice is Holding Long Term Rentals.  My dream is to become financially independent and be able to pay for several weddings as it appears I only make girls.  ; )