It's too much risk for me until someone can give concrete suggestions of how insurance policy(ies) can accommodate the rental arbitrage scenario.

@Vhernadette Sasing as Basit suggest, after taxes you are about $325K/year in income currently.

A suggestion I would give you is to find a couple "for rent" signs in your local market, get the address and start "running your numbers" on the rental property calculator that BP has for us on here.

For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial real estate, like strip malls) could bring business my way.While I’ve worked with title companies in my transactions, I’ve never explored the inner workings of how they operate.

I'm open to suggestions for where to start investing.

Finding good deals is nearly impossible with the prices, tenant laws, and taxes working against us.Since you’re considering the Midwest, I’d definitely suggest keeping Detroit on your radar.

Suggestion.

If you do decide to go that route, I would suggest using one of the Eagle Rock approved builders. 

So thepointsguy calculator would suggest that you still use the credit card at 2.5%.