I either got paid off and nice return or ended up with property.. had both happen.One of my clients in Oregon is a car dealer and has a large finance component.. they do exactly what you do with the chips in the cars etc.  

@Simon Shih Property management is definitely an important component, but you can also buy the right property that will require less management/maintenance than others.  

Just make sure you do your due diligence and make sure the property is professionally inspected in case there are insulation issues, drainage issues, etc. that could be detrimental during the winter months. 

In addition to all the great information, networking is a key component.

Based on the info you provided, you might consider doing a lease-option where the lease component is very loose, allowing you to do whatever you want with the property and in return you pay the owner the amount needed to cover mortgage/taxes and you are responsible for everything else.  

At the end of the day the anticipated .25% rise in the Fed Funds Rate probably wont be detrimental to real estate but a 1% hike probably would be.

It also has the psychological component of letting them know that if they skip out on me I will not hesitate to come after them myself.2.  

My question would be what is considered a component of tangible property?

However, there's no guarantee how long that would be (or at least, I don't have enough knowledge to know--if you know, say, with good evidence, that 2 years from now the prices will drop significantly then waiting is prudent).If there is no real evidence of large, detrimental economic factors going on (war, people moving out of the Bay in masses, an unusual amount of new construction making the supply on houses extraordinarily large for a prolonged amount of time), then there is no reason to assume that the seller's market will swing back to a buyer's market any time soon.The fact remains that the population in the Bay is growing year after year, tech companies are still expanding (to such a point where they are closing down Gold's Gyms, grrr, but that's another story), and this is still a highly desirable place to live.  

This kind of interpretation comes from a depth of knowledge of the tax code and years of experience working with IRA plans and related court cases, and piecing together all the variables and interrelated components that impact such structures.This is, arguably, a conservative interpretation.