Korea threat what are we waiting for.. lets bomb those folks and take out their ability to rain terror on us.But you did not throw in there global warming and the fact that in 100 years most seaside towns could be inundated...

If you want passive investment and you do not yet have the skills or knowledge to do your due diligence (which would only come after some hands on experience in active investing mentioned above), then buy a basket of REITs and/or S&P500 index fund and call it a day ... you could expect 8-10% returns over the long haul and a 4% safe withdrawl rate.Having mentioned your financial status in an online forum, you are about to get inundated with folks telling you they can do much better than above with less risk if you will just invest your money with them or let them sell you a property that will do way better.

At the current time, all the big cities are inundated with foreign capital and it's even started flowing into the secondary and tertiary cities as well.  

If you find an opportunity, they are likely not going to be interested in selling to you if your financing and/or cash is not immediately ready, as there is a ton of cash buyers here right now who can close in under a week.

With the total amount you are talking about, many HMLs will not want to deal with a small project unless you have a solid track record with them and even then, all in under $100K is harder than a $250K project to get financing . . . found that out the hard way looking at some lower price properties to flip.5) Make sure when you when you run the numbers (and use the BP calculator) that you are realistic in the time it will take. 

What price range do you want to be in? under

TermsRate: as low as 12%Term: up to 24 monthsNo personal guaranteeNo title insurance required (perfect for tax deeds still in redemption)No minimum FICO score4% origination feeUp to 80% LTVNo minimum term lengthGeorgia, Florida, and TexasInterest only loanMinimum financing amount $50K per applicationMust hold Recorded Deed for all parcelsFunding Process:1 Online application in under 5 minutes2 Preapproval from underwriting3 Sign contract with $40 app fee4 Asset review and final underwriting5 Funds wired within 1 business day of signing and closingPerfect for: Flips1031 exchangesResidentialCommercialMulti-unit purchasingVacant land dealsVacation and short-term rentalRV and manufactured home parkSelf-storageTax deeds still in redemption periodNot Accepted (DO NOT APPLY):Any lien properties2nd Position not accepted, must be 1stLack of clear ownershipIf you don’t have the deed in YOUR NAME

With a big part of the center coming up for lease renewal in under 2 years the lender will stress test the property for underwriting and want heavy reserves held back for the probability that tenants might not renew.

You can rekey them in under a minute and they are reasonably priced. 

This one came in under the radar.