Try to narrow down your options to the top 3-4.

Also, research other areas where you can invest as a private money lender (fix and flip is just one option)... 

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

Also, within this approach, the option that attracts me the most is purchasing and installing a 'tiny home' on a campground that allows it.

.: Quote from @Donald Hatter: Option 2 is the last option I would suggest.

For their three-year, 12% option they give an example of a $1M investment with the following preferred returns:- Without compounding: $360,328.77- With compounding: $431,237.45Taking 12% disbursements over 3 years on $1M would be $120,000 per year, or $360,000 over 3 years.

Hi hive,I am new to investing and trying to learn from the different options out there.

For example, I will send a tenant the lease renewal options and give them one week to respond.

The “borrower” would have an option to buy back the property if (1) all lease payments (“mortgage payments”) have been made and the borrower/seller pays is the sale price/loan amount in full at the time the option period/note matures.  

A Solo 401(k) may be advantageous for self-employed individuals, offering the potential for participant loans, higher contributions, and no custodian fees, as well as higher contribution limits and the option for tax-deferred or Roth contributions.This post does not create a CPA-Client relationship.