Or develop some sort of subject matter expertise.

Look for distressed properties and motivated sellers.ProbateDivorceBehind in property taxesIn Preforeclosurevacant propertiesCode enforcement issue propertiesetc

Put the money into fixed income vehicles of various sorts and walk away and spend more time drinking wine and catching fish. 

But since J properties generally depreciate over time (not like properties back home which appreciate), the idea of sinking cash into a property that is worth less five years from now is not terribly appealing.Like you say, then the question is what sort of yield can you get, and will it cover the deprication losses?

I undertand it depends on each individual's actions and motivation.

Wholesaling is a super common point of entry and with your mind wide open, motivation, and dedication I present this...  

What's motivating you to move here? 

It’s so much easier and they usually give me good intel about how motivated the sellers is and other info I leverage my offers off of.

There is no reason it should take 2 months to get that sorted.

There is sort of a East side/West side thing when it comes to investors that almost sounds like the rap battles of the 80's.