Raising $5.6mm is no easy task if you have not raised capital before.

It's not easy to do, and I want to acknowledge that!

Sounds easy, but it will take work.

Replacement is pretty straightforward; if you're handy, it's definitely an easy DIY project.

The easy answer would be small multifamily or single for a long term rental. 

If you are worried about it, buy an umbrella insurance policy for $1 million and sleep easy. 

. ~$2.1m- Cash flows at $140k annuallyI've been self-managing and it has been honestly pretty easy (send invoices, schedule routine maintenance/inspections), but otherwise I have no real knowledge or experience in the industrial space (I mostly invest in STR's).

In short, securing an STR permit isn’t easy unless you fulfill all the township’s requirements

Get something durable in a color that does not stain easy and a material that can be scotchguarded and you will be good for several years.

Each program is a little different so it just depends on your situation and income.They are quick and easy though once you get your certificate you can work with any Bank or Lender that is approved to use those DPA's.