Sit down with them, express your interest, and ask how you could partner together to learn the ropes and dip your toes in the water.

Depending on the location, you are probably sitting on a solid equity position.

Hi Bob,The response depends on the interested party sitting on the other side of the table.

(I'm an estate planning lawyer - not an insurance agent).That being said --- you really need to sit down and understand your goals before you get advice on what vehicles you want.Insurance people will tell you insurancelawyers will tell you to set up a ton of LLCs and trustsNone of these are correct if your goals don't align. 

Those sit in 2nd lien position like a 2nd mortgage or again a personal loan for the 15% down payment (no lien or property required).If you want to talk about this in detail I can offer some clarity just reach out or message me I am always happy to help.

If you aren't paying attention to your rental comps, your property will sit. 

Have not done any business with them but did have a sit down with the owners last June when I made a brief visit to Cleveland .. and was impressed with their knowledge definitely seasoned players in the space.

People have already provided great input, so I will touch on your comment your wife said.You really need to sit down with her and explain the short term and long term goals.

As the zoning sits now we believe that only 2 of the 6 buildings are in a flood zone (instead of 3 out of 6), but they would need full replacement coverage of $500,000 a building. 

You can invest your money in stock and sit back and literally do nothing and get some reasonable returns.