Darden Restaurants, the parent of Olive Garden and LongHorn Steakhouse, is making a significant move by acquiring Chuy's, a Tex-Mex chain, for $605 million.

Quote from @Andy Port: I'm currently looking to take some money out of traditional investments and begin investing directly into real estate as a passive investor on syndicated deals.The internet is pretty much copy-paste with advice on how to access real estate and defaults to saying "Just invest in a REIT - its the same" except you pay for the entire pool of existing properties (even if they have low yields in less opportunistic areas), the entire management team's multi-million dollar salary and their private jet, etc...

One with 35K income will NEVER pay off 1 mil loan, even in million years.

It's great that you're considering your options for attracting a broader range of tenants!

I am selling around 1.2 million to my business partner.

If this was a million dollar piece of land, thats an issue. 

I mean if you are talking about a $2 million house than sure $160k damage is possible, but if $160k is the replacement value of the home its hard to imagine a payout near that for a pipe burst.

Occasionally sell and 1031 into more attractive assets.5.

There is always room to add another property and make a decent return, but it requires enough knowledge/experience to create a rental that is unique enough to attract renters away from the competition.

Located two miles from the Strip, it offers a blend of interactive attractions, art installations, and cutting-edge technology, making it a favorite for tourists and locals.