Buy a SF rental, add some value (minor rehab), and refinance as the FED reduces rates in 2025-2026.

Without positive reviews, you often have to reduce rent to obtain tenants.  

These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

In 2024, Topgolf plans to reduce its venue pipeline to between four and six locations to free up cash for the spinoff.

It reduces the quality of the property for long-term tenants, introduces risk, and could potentially make the leasing desk look bad in front of their bosses.

But although they are available, you are better off reducing the PPP in a declining rate environment.

I would suggest looking into a reduced PPP since we are in a rate declining market. 

There does not appear to be any way to reduce your expenses.

Dont distribute anything until your accountant does the tax calculation then reduce your partners final distribution accordingly 

My response, sure thing, we can release it for a reduced payoff.