You have to spend the money somehow without always thinking of the 4th quadrant, even though that money was realized from another asset You're in GA so you may relate even better to our market.

I've collect their photo ID, contact information, and I've been asking all guest to obtain COI from all confirmed bookings prior to their arrival.

If it's simply cash flow--irrespective of hard assets-- then you're better off buying some form of debt.

Age wise that's not bad and is pretty typical for investment class assets here in Memphis.

(Live there for a bit then rent it out)It's a tough decision nowadays with a 3% mortgage which is pretty much an asset in itself. 

They’ll handle setting up your legal entity and obtaining your EIN (Employer Identification Number).

I would sell any properties you have and assets.

With historical inflation in mind, that mortgage is essentially an asset.

My experience has been, as have other investor friends I know in San Francisco, is that the asset will double in value in 12-15 years. 

But you have to understand the seller is taking on a significant risk of having someone else run the property and not knowing if they will get the final payout.If you are getting typical rates, why would you not just buy the property outright with 20% down and obtain mortgage financing from a lender?