Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I would also consider  an airbnb or a flip, but with the current crazy market have not found a good flip. 

. - Flipping is consider an active job as such the IRS treats it as self employment income and not capital gains tax.

It’s hard for me to think someone would consider an offer at this price but I’m not in their shoes. 

Mastermind will focus on all areas of life:- Finances (1M+ net worth self made, similar to GoBundance)- Business/Career- Marriage & Family- Physical Health & Fitness- Faith (does not have to be Christian, but some type of faith that grounds you)- Fun/Recreation/Adventure- Contribution/philanthropyProposed structure (TBD based on group discussion/confirmation):- weekly 30-60 min video chat: round the horn updates on goals, projects, AIs, etc; Q&A- quarterly 1-2 hour session focused on quarterly goal creation/sharing (12 week year style of goals)- annually attend a conference together: BPCon, FinCon, Tony Robbins, etc (aim for 1 per year, see how that goes)- accountability group, idea brainstorming team, friendship, camaraderie, personal growth- if the group vibes, consider an annual social adventure trip (vacation, backpacking, rafting, surfing, etc; with or without family TBD)Rules:- no bull, commitment, follow through, go getters, make it happen, be there for each other- leverage your strengths to build others in the group up, place that you go to give (not just receive)- transparency, authenticity: full financial picture, challenges, strengths, weaknesses, family life, faith life, health- can come from anywhere in the US, as long as you can relatively consistently do a video call at a decent time of dayIf by surprise a lot of people respond, I'm glad to be matchmaker for additional mastermind groups as well (men, women, mixed, at varying levels, etc). 

In terms of REI, I would consider an investor who personally/passively nets over $200K/month to be a Mogul.

I've been heavily involved in real estate for 2 or so years now and have what I would consider an above average knowledge of real estate investing thanks both to being an executive of a local investors group at 18 and also as a Realtor for close to a year now.I've listened to if not hundreds, thousands of hours of podcasts revolved around real estate so am very familiar with "no money down" investing which is the route I am trying to go, however, it's off to a bumpy start so far.

Consider an appreciating market to park your money in for real estate.

This will give any market you consider an even playing field. 

@Benjamin Kanevsky If you have another source of income, it will be easier to slowly build a PM company from scratch.If you are looking to quit your day job to do PM and need sufficient income to pay the bills, it is probably easier to buy an existing company.I would definitely have some kind of corporate form for the business, and I would also recommend having an attractive website as a starting point.As you grow the company, you may consider an enterprise backend solution like Propertyware.