I will set aside the other 8k for cap ex/nest egg.

@James@James CarlsonundefinedYes, I would like to grow my capital first and build a nice nest for my family and I live off of and then I would like rentals for the long game.

There is already a nest doorbell and smoke detector.  

I don't know what you do for work, but I have seen individuals use a large nest egg from real estate to start a business and change their life trajectory.

IG: @MattPriestJr I have properties that I rent by the room in King/Pierce/Snohomish Counties.Many pro tips.For heating, I use Nest Thermostat and "lock" the temperature on 68 degrees. 

The main structure I see on my deals is a nested structure: an LLC in the state of the property taking out the loan, and that LLC is owned (nested) within a Wyoming LLC.

I don't know yet what state I'll be investing in, so there will be outstanding questions.The goals:- grow my little nest egg over the next 20 years (I'm 56 now).

If the people running it are self serving, that will show too.Based the on the leadership or lack thereof, REIAs may be sales oriented, education oriented, a nest for sharks, or someones personal ego outlet.

its nest to the  QUOTE tab.. 

To me, this is a marital question.When we talk with house-hacking buyers or investors in Colorado, we insist that both partners are on the phone because so often they say they're on the same page when in reality one partner wants to house hack and the other wants to nest.