If you can, you can take advantage of a SDIRA (self directed IRA), and at a minimum of involvement from you invest in a REIT, most of which can provide returns of AT LEAST 8% and some over 14%.You can also loan money out from your SDIRA and earn money that way, but you have to be educated about vetting the borrower with regards to their creditworthiness and their experience at real estate investing.If you're more interested in being involved in your real estate investment, you can make over 20%, but that route requires A LOT of education as well as personal involvement in the management of your real estate holdings.If you can't do anything tax-deferred with the annuity, it might not be worth it because of the taxes you would have to pay upon the withdrawal of the money to move it to another account.I agree with @Max Kim about your financial adviser recommending the annuity for more personal reasons, or just for the fact that he might take an ultra conservative view given your age and your goals.I'd be interested to know what your adviser / annuity representative says about the options for moving funds out of annuity. 

Brian - great body if information. 

If no body else buys it, the foreclosing lender takes it, with the same junior lien/senior lien situation as a buyer.

I created my own "luck" through posturing, body language, eyecontact & speach.

I have been a member of a body building forum for many years.

Here is mistake #3 (I think): only owning one property.I have no new lessons YET with the current tenants.My husband is in a skilled trade that his body will allow him to do for a maximum of 10 more years.

I don't care how old or smart you are -- if you have a single trusting bone in your body you will get taken for something, sometime, and usually more than once (though not in the same way or, hopefully, by the same person).Knowing that is how I am, I try not to ever bet the whole farm and therefore limit potential damage.The pain to my pride, however, always seems pretty depthy, if I may coin a word.

I was told at the tile shop that through-body porcelain is the only kind of tile that's virtually impossible for tenants to ruin.

My friend did say that I could have a busted front/back door, or even more seriously a dead body - that would be a disaster (according to my friend).

If you don't have this specific security instrument, look at the language in the body of your mortgage, even residential mortgages have language to the same effect.