Rashed &  Raden, Thanks for your excellent responses and ideas. 

We always try to use a pleasant tone and facial expression, even if what we are saying boils down to, "Go jump in a lake."

It's good of you to want to help him out, but don't do anything rash that would jeopardize your own finances and investment future. 

You will have a lot of your questions answered by giving it a good read.I have heard that you should never trust a man with facial hair, but Brandon seems like an OK guy.Much success!

If you don't like tenants with facial tattoos, that may be a legitimate reason for refusing them.

it's the RoundUp....Got a skin rash?....

If you look hard enough at pretty much any older property in Cleveland you'll find some mold, so don't let that in itself scare you into making any rash decisions.

They came back and the woman showed us a rash on her leg, saying we could have the dryer but not the washer because of this rash.

I just think this is a rash decision by the board in a 70 unit complex when possibly half of them could be hitting the market at once.   

You could be passive investor in syndication, you could be a hard money lender, you could buy properties that cash flow nicely and put quality managers on them, etc.I think if I had that much in cash out of the blue I'd have to think about it a while before making rash decisions, but one thing I'd seriously consider is buying a solid piece of property (commercial, multi, mobile home park) that I could pay for mostly cash, so something under $1.5M, and before closing have a line of credit on the property lined up.