The lifestyle of being equity rich vs cash rich is completely different.

A few months later, an out-of-state bank wanted in on the market and offered a special "lifestyle loan" program to those with a solid income who could afford the monthly payments (it ignored debt-to-income ratios).

If you have several properties, as in my case,  the positive cash flow ones carry the negative cash flow ones, so it all works out in the end, and 5 to 10 years can create a lifestyle of pure freedom. 

@Alec Weissgerber It really depends on a lot of things: age, income/career, investment horizon, skill set, lifestyle goals, interest level and qualifications in starting an REI business, what form the inheritance is in currently (unlikely that it’s sitting in cash), etc. etc. etc... she should have a certified financial planner look at the whole picture and offer sound advice.

Cash flow in the short term would be nice and allow us to live a little better life style theoretically but in all actuality I’d probably stash the cash to buy more properties.

I live in a large Amish Community in Southern Indiana with several different things to offer but just not sure if I should only promote a place for people to stay or widen the choices to include tours and actual time they (Tourists) could spend at Amish Farmsteads which would include learning all aspects of the Amish Lifestyle.

Working a regular 8 hour day I would end up being over 12 hours away from home with the commute, be prepared for that lifestyle.

Not willing to give up this lifestyle. 

Otherwise, some book recommendations (these include mostly books on business/lifestyle or buy/hold investing):- "E-Myth Revisited" by Michael Gerber- "Cashflow Quadrant" by Robert Kiyosaki (further builds on the "Rich Dad, Poor Dad" foundation)- "Set for Life" by Scott Trench- "Long-Distance Real Estate Investing" by David Greene- "The Book on Managing Rental Properties' by Brandon Turner and Heather Turner- "The Miracle Morning" by Hal Elrod-"HOLD" by Gary Keller (geared toward SFR)-"The ABCs of Real Estate Investing" by Ken McElroy (geared toward commercial investing)"Multi-Family Millions" by David Lyndahl (This is on my list of "To-Reads".

And if you're serious you'll modify your life style short term to create some funds to get started.